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ACM approves creation of new TowerCo by KPN and ABP
GlobeNewswire· 2025-02-06 17:00
Today, the Netherlands Authority for Consumers and Markets (ACM) has approved the creation of a new tower company (TowerCo). This approval follows the June 05, 2024 announcement that KPN and Dutch pension fund ABP signed an agreement to create this new company. The transaction is expected to close shortly after this regulatory clearance, at which time KPN will provide an update on the financial impact of the transaction. Formal disclosures:Royal KPN N.V. Head of IR: Matthijs van Leijenhorst Inside informat ...
Members of Board of Management buy KPN shares
GlobeNewswire· 2025-01-30 10:14
Today, five members of the Board of Management have purchased shares to increase their shareholding in KPN. This demonstrates their confidence and commitment in the successful execution of KPN’s Connect, Activate & Grow strategy launched in November 2023. Joost Farwerck, CEO of KPN, has purchased 25,000 KPN shares.Chris Figee (CFO), Hilde Garssen (Chief People Officer), Chantal Vergouw (Chief B2B) and Wouter Stammeijer (COO) have purchased 14,000 KPN shares each. In line with KPN’s remuneration policy, KPN’ ...
KPN delivered on FY 2024 outlook; on track towards mid-term ambitions
GlobeNewswire· 2025-01-30 06:30
FY24 Group service revenues +3.4% y-on-y (+3.1% organic ), adj. EBITDA AL of € 2,508m (+3.6% y-on-y, or +3.1% excl. Youfone) and FCF of € 900mContinued Group service revenue growth (+2.5% y-on-y, or +2.0% organic) in Q4, with organic growth across all segmentsConsumer service revenue grew 4.4% y-on-y in Q4, or +1.0% organicSolid commercial momentum in Consumer driving postpaid (+30k) and broadband (+10k) base growth in Q4Business service revenue grew 2.5% y-on-y in Q4, or +3.1% organic, driven by all divisi ...
KPN announces redemption of Perpetual Hybrid Capital Securities
GlobeNewswire· 2024-12-20 07:00
Today, Koninklijke KPN N.V. (“KPN”) announces the redemption of all of the outstanding € 219,400,000 Perpetual Fixed Rate Resettable Capital Securities issued by KPN on 8 November 2019 (ISIN XS2069101868) (the “Securities”). The Securities will be redeemed at their principal amount together with interest accrued up to, but excluding, the First Reset Date, 8 February 2025. The redemption will be paid from available funds on Monday 10 February 2025. Formal disclosures:Royal KPN N.V. Head of IR: Matthijs van ...