To NASDAQ OMX Copenhagen A/S and the press

 

 

 

 

 

 

Since the company’s stock exchange quotation in 2000 the original founders and shareholders have been members of the Supervisory Board of RTX Telecom A/S. The Supervisory Board has performed satisfactorily, even though the applied governance model is not considered preferably.

 

Lately, two of the shareholder founders, who also hold managerial positions in RTX Telecom A/S and are members of the Supervisory Board of RTX Telecom A/S, have contributed to a polarization between the work carried out by the Supervisory Board, and a work outside the Supervisory Board, where important decisions are impacted without influence by Management and Supervisory Board.

 

This form of governance is not in line with good corporate goverance, wherefore we as external board members cannot contribute to the future work of the Supervisory Board, and consequently we resign from the Supervisory Board of RTX Telecom A/S with immediate effect.

 

Please contact Chairman of the Board Poul Lind, tel. +45 20 61 10 50.

Yours sincerely,