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    TEL2 B   SE0005190238

TELE2 AB

(TEL2 B)
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Tele2 : Resolutions by Tele2's Extraordinary General Meeting

06/28/2021 | 03:31am EDT

Stockholm - Tele2 AB ("Tele2") (Nasdaq Stockholm: TEL2 A and TEL2 B) today announced that the company's Extraordinary General Meeting was held today on 28 June 2021. The Extraordinary General Meeting resolved on an extraordinary dividend to the company's shareholders of SEK 3.00 per share, with the record date set to 30 June 2021.

Due to the extraordinary situation as a result of the COVID-19 pandemic, the Extraordinary General Meeting was carried out through advance voting, without any physical attendance.

The Extraordinary General Meeting resolved, in accordance with the Board's proposal, on an extraordinary dividend to the company's shareholders of SEK 3.00 per share. The record date was set to 30 June 2021. The dividend is expected to be paid out to the shareholders on 5 July 2021.

Minutes from the Extraordinary General Meeting with complete resolutions will be made available at Tele2s website www.tele2.com.


For more information, please contact:
Joel Ibson, Head of Corporate Communications, Phone: +46 766 26 44 00
Marcus Lindberg, Head of Investor Relations, Phone: +46 73 439 25 40


Tele2's vision is to be the smartest telco in the world, enabling a society of unlimited possibilities. Ever since Tele2 was founded in 1993, we have continued to challenge prevailing norms and dusty monopolies. Today our networks enable mobile and fixed connectivity, telephony, data network services, TV, streaming and global IoT solutions for millions of customers. We drive growth through customer satisfaction and smart combined offerings. Tele2 has been listed on Nasdaq Stockholm since 1996. In 2020, Tele2 generated revenue of SEK 27 billion and reported an underlying EBITDAaL of SEK 9 billion. For latest news and definitions of measures, please see our homepage www.tele2.com.

https://news.cision.com/tele2-ab/r/resolutions-by-tele2-s-extraordinary-general-meeting,c3375350

https://mb.cision.com/Main/3372/3375350/1437504.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 26 739 M 3 099 M 3 099 M
Net income 2021 3 994 M 463 M 463 M
Net Debt 2021 29 935 M 3 470 M 3 470 M
P/E ratio 2021 23,0x
Yield 2021 6,73%
Capitalization 90 291 M 10 456 M 10 465 M
EV / Sales 2021 4,50x
EV / Sales 2022 4,44x
Nbr of Employees 4 528
Free-Float 71,6%
Chart TELE2 AB
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 131,15 SEK
Average target price 141,32 SEK
Spread / Average Target 7,75%
EPS Revisions
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Kjell Morten Johnsen President & Chief Executive Officer
Peter Landgren Chief Financial Officer
Carla M. S. Smits-Nusteling Chairman
Kim Hagberg Chief Operating Officer & Executive Vice President
Cynthia Alison Gordon Independent Non-Executive Director
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