KPN to use E-Plus proceeds for investments, dividends

The Board of Directors of KPN, led by CEO Eelco Blok (2nd L), take their seats behind a table during the shareholders meeting at the KPN headquarters in The Hague October 2, 2013. REUTERS/Phil Nijhuis

THE HAGUE (Reuters) - Dutch telecoms group KPN intends to use proceeds from the sale of German unit E-Plus for both investments and dividend payments from 2014, chief executive Eelco Blok told shareholders at an extraordinary general meeting on Wednesday.

(Reporting by Robert-Jan Bartunek; editing by Sara Webb)