Com Hem announces the proposed redemption of all existing Senior Notes

November 1, 2018

Com Hem Holding AB (publ) has approved the redemption by its subsidiary Com Hem Sweden AB (publ) (the “Issuer”) of its SEK 1,750 million senior unsecured notes due 2021 (ISIN: SE0007730353) and its SEK 2,250 million senior unsecured notes due 2022 (ISIN: SE0009320146) (collectively, the “Senior Notes”) and the Issuer has issued a notice of conditional redemption for all of its Senior Notes.

The redemption of the Senior Notes is conditional upon the completion of the merger between Tele2 AB (publ) and Com Hem Holding AB (publ), being the date on which the Swedish Companies Registration Office registers such merger, and the Issuer having sufficient funds available to it to redeem the Senior Notes in full. Upon satisfaction of these conditions, the Issuer will redeem the Senior Notes in full plus accrued and unpaid interest and additional amounts, if any.

For queries, please contact:

Fredrik Hallstan, Head of PR
Tel: +46 (0)709 48 52 72
fredrik.hallstan@comhem.com

Disclaimer

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”).

Forward looking statements

Certain statements contained in this announcement are, or may be deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “plans”, “expects”, “intends” or “may” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events, expectations or intentions. These forward-looking statements include all matters that are not historical facts. They include, but are not limited to, statements regarding the company’s intentions, beliefs or current expectations concerning, among other things, the company’s results of operations, financial position, prospects, costs and other developments. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the company’s actual results and developments may differ materially from those described in, or suggested by, the forward-looking statements contained in this announcement. In addition, even if the company’s results and developments are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, future market, economic and business conditions and trends, interest rates and the behaviour of other market participants. As a result, investors are cautioned not to place undue reliance on such forward-looking statements.

Forward-looking statements may, and often do, differ materially from actual results. Any forward-looking statements in this announcement speak only as of the date of this announcement and reflect the company’s current view with respect to future events. The company explicitly disclaims any obligation or undertaking publicly to release the result of any revisions to any forward-looking statements in this announcement that may occur due to any change in the company’s expectations or to reflect events or circumstances after the date of this announcement, except where it would be required to do so under applicable law.

About Com Hem Group

Com Hem Group supplies broadband, TV, play and telephony services to Swedish households and companies under its two brands Com Hem and Boxer. The Group also includes the communication operator iTUX Communication AB which provides open fibre to service providers. We bring our 1.45 million customers a large range of digital-TV channels and play services via set top boxes as well as on-the-go for tablets and smartphones. Our powerful and future-proofed network with speeds up to 1.2 Gbit/s, covers 60% of the country’s households, making the Com Hem Group an important driver of creating a digital Sweden. Com Hem Group was founded in 1983 and has approximately 1,100 employees. Com Hem Group is headquartered in Stockholm and in 2017, Group sales totalled SEK 7,136 million.

This information is information that Com Hem Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17:15 CET on 1 November 2018.