Rendimento das famílias trava a fundo no início do ano

[Portugal Press]

Lisbon, Portugal, 15 August /Portugal Press/ -- Portugal Telecom S.A. today notified the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Hanaro Telecom, Inc. (KOSDAQ: 33630 - News; NASDAQ: HANA - News; "Hanaro" or "the Company"), shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.

According to the information released this morning by the CNMV, Portugal Telecom had obtained 33.6% of the shares of Hanaro Telecom, Inc it did not already own, guaranteeing it the ownership of 71.97% of the company's equity capital.

Portugal Telecom will now close its takeover bid for Hanaro Telecom with the payment of 5.25 euros for each of the 202 million shares that responded to the tender offer.

At the close of the transaction, and according to the figures provided by the CNMV, the equity capital of Hanaro Telecom will be held, percentagewise, as follows:


Portugal Telecom 71.97%
Shares under stock options plans 6.77%
Free Float 21.26%