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Deutsche Telekom AG Director's Dealing 2021
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Director's Dealing
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News Details
Directors’ Dealings | 19 November 2021 19:00
DGAP-DD: Deutsche Telekom AG english
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
19.11.2021 / 19:00
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
| Title: | |
| First name: | Karin |
| Last name(s): | Topel |
2. Reason for the notification
a) Position / status
| Position: | Member of the administrative or supervisory body |
b) Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
Deutsche Telekom AG
b) LEI
549300V9QSIG4WX4GJ96
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
| Type: | Share |
| ISIN: | DE0005557508 |
b) Nature of the transaction
| Acquisition of employee shares The party subject to the transaction reporting requirement has acquired the financial instrument as part of a shares program for employees operated by the issuer named in paragraph (3a). In connection with the acquisition, the party subject to the transaction reporting requirement personally invested an amount of EUR 1,000.00, which was converted into 59.809 no par value shares of the issuer (‘investment shares’). The conversion rate was determined on the basis of the lowest price quoted for the issuer’s share by an official German stock exchange on November 16, 2021 and at which price shares were actually traded. In this case, the conversion price was EUR 16.72. In addition to the investment shares, the party subject to the transaction reporting requirement also received 29.904 no par value shares from the issuer in the form of bonus shares. In accordance with the terms and conditions of participation in the shares program for employees, the number of bonus shares for all program participants was limited in each case to half of the total number of investment shares. Both the investment shares and the bonus shares are subject to a lock-up until midnight on November 17, 2025. These shares are flagged as blocked from trading to prevent them from being sold or redeemed by the program participant during the lock-up period. |
| Transaction linked to the exercise of share option programmes |
c) Price(s) and volume(s)
| Price(s) | Volume(s) |
| 16.72 EUR | 1000.00 EUR |
| 16.72 EUR | 499.99 EUR |
d) Aggregated information
| Price | Aggregated volume |
| 16.72 EUR | 1499.99 EUR |
e) Date of the transaction
2021-11-17; UTC+1
f) Place of the transaction
Outside a trading venue
19.11.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Deutsche Telekom AG |
| Friedrich Ebert Allee 140 | |
| 53113 Bonn | |
| Germany | |
| Internet: | www.telekom.com |
| End of News | DGAP News Service |