Verizon Communications Application for Admission to Listing and Trading (5944A)
21 Februar 2014 - 8:00AM
UK Regulatory
TIDMVZC
RNS Number : 5944A
Verizon Communications
20 February 2014
21 February 2014
VERIZON COMMUNICATIONS INC.
APPLICATION FOR ADMISSION TO LISTING ON THE STANDARD SEGMENT OF
THE OFFICIAL LIST AND TO TRADING ON THE MAIN MARKET OF THE LONDON
STOCK EXCHANGE
On September 2, 2013, Verizon Communications Inc. ("Verizon")
entered into a stock purchase agreement (as amended, the "SPA")
with Vodafone Group Plc ("Vodafone") and Vodafone 4 Limited, a
wholly owned subsidiary of Vodafone. Pursuant to the SPA, Verizon
agreed to acquire Vodafone's U.S. group, whose principal asset is
its 45% interest in Cellco Partnership d/b/a Verizon Wireless, in
exchange for transaction consideration of approximately $130
billion (the "Transaction"), including the issuance of up to
approximately 1.28 billion new shares of Verizon common stock.
Following the approval of the Transaction by shareholders of
both Verizon and Vodafone on January 28, 2014, Verizon today
announces that application has been made for 1,274,764,121 shares
of Verizon common stock, par value $0.10 per share, to be admitted
to the standard segment of the Official List and to trading on the
Main Market for listed securities of the London Stock Exchange,
which is expected to take place at 8.00 a.m. on 24 February
2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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