Telefonica Deutschland delisted

Hello, investors.

I am a new investor and bought 200 shares of Telefonica Deutschland (O2D) at the beginning of the year. Recently, I discovered that the company was delisted. Does this mean I have lost all my investments? Any recommendations or suggestions would be greatly appreciated.

Cheers!

T

T

I believe the shares were delisted as there was a public offer to buy all the shares for EUR 2.35 each. If you look back in your account history you should see that you’ve been paid this amount.

Indeed, there is an offer for tendering shares at EUR 2.35. As we do not provide access to tender offers, we will wait for a squeeze-out and liquidation proceeds to be paid.

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Thank you, Bogi. Does this mean I haven’t lost all my shares? I didn’t receive a tender offer. Will the process be automatic?

Many thanks for the information! I haven’t been paid any amount yet. Will this process be automatic? Or should I have accepted the tender offer?

The event is not completed yet. Otherwise, nothing is required on your end. You’ll receive a notification once the liquidation proceeds are paid.

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Thank you for the information!

@Bogi.H Could you please advise when this will happen? And what would be the proceed per share?

Thanks!

We are currently in contact with our intermediary and will let you know once there are updates about the event.

We double-checked this, but there’s still no update. We’ll inform you when there’s anything new.

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I understand your frustration, but the delisting of a company is a corporate event that is beyond our control. Still, we’re keeping a close eye on the situation and we’ll notify all shareholders once the event is finalised.

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Veselin, do we have any news?

This instrument has been delisted from the exchange, so only closing orders can be placed at this time. When we receive more information, we’ll share it with all clients.

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Hello, Trading 212 community.

Many thanks to Veselin.V for the information so far.

As we have discussed, Telefonica Deutschland has been delisted, and I wonder if we have any news?

All the best,

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Hey @TiagoVPUK :waving_hand:

The instrument is no longer tradable on Xetra. We have found an alternative trading venue and shareholders can only close their positions.

What happens if we keep the position (i.e., we do not sell it)?

For now, the instrument is available on the alternative venue, and shares can only be sold. Whether you’d like to hold or sell the shares is entirely up to you.

Thank you for all the help, @Bogi.H

Best wishes,

T