OREANDA-NEWS. October 26, 2009. The supervisory council of AS Eesti Telekom decided on seeking conditional delisting of the shares of AS Eesti Telekom from the Tallinn Stock Exchange and the global depositary receipts (GDRs) representing the shares of AS Eesti Telekom from the London Stock Exchange. Delisting is intended to take effect from the moment TeliaSonera AB (publ) completes the squeeze-out of the minority shares of AS Eesti Telekom, reported the press-centre of Eesti Telekom.

The supervisory council authorised the management board of AS Eesti Telekom to take measures necessary for delisting of the shares and GDRs and for termination of the depositary agreement with the depositary.

Until completion of the squeeze-out, AS Eesti Telekom will continue as a listed company and comply will all requirements applicable to listed companies under the laws and stock exchange rules.