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“América Móvil informs to the market”
Mexico City, Mexico, June 27, 2014. América Móvil, S.A.B. de C.V. (“AMX” or “América Móvil”) (BMV: AMX; NYSE: AMX; NASDAQ: AMOV; LATIBEX: XAMXL), informs that its Board of Directors, at an extraordinary meeting held today, authorized Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V., both of which are América Móvil’s shareholders, to acquire from AT&T International, Inc. (“AT&T”), 5,739,341,928 Series “AA” shares representing 23.81% of AMX’s voting stock (Series “A” and “AA”). Said shares represent 8.27% of América Móvil’s capital stock.
Likewise, Inmobiliaria Carso, S.A. de C.V. and its subsidiary Control Empresarial de Capitales, S.A. de C.V., informed AMX that they will acquire from AT&T, 72,822,656 Series “L” shares.
Upon consummation of the transaction authorized today by the Board of Directors, AT&T will no longer be a shareholder of América Móvil. América Móvil recognizes the great value that the partnership with AT&T had for both companies for more than 20 years.
Legal Disclaimer
This press release contains certain forward-looking statements that reflect the current views and/or expectations of AMX and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. AMX is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
AMÉRICA MÓVIL, S.A.B. DE C.V. | ||
By: |
/S/ Alejandro Cantú Jiménez
| |
Name: Title: |
Alejandro Cantú Jiménez
Attorney-in-fact |