Deutsche Telekom reduces its stake in Ströer SE & Co. KGaA

   Updated:2020-02-14    
Deutsche Telekom Trust e.V., a trust that holds assets to fulfill the duties of Deutsche Telekom from corporate pension schemes, has reduced its shareholding in Strer SECo KGaA from 11.3 percent to approximately 10.1 percent. The proceeds have been reinve
 
Deutsche Telekom Trust e.V., a trust that holds assets to fulfill the duties of Deutsche Telekom from corporate pension schemes, has reduced its shareholding in Ströer SE & Co KGaA from 11.3 percent to approximately 10.1 percent. The proceeds have been reinvested within Deutsche Telekom Trust e.V..
 
In addition, Deutsche Telekom Trust e.V. has sold call options on a further approximately 1.8 percent of its Ströer SE & Co. KGaA. stock with different maturities until December 2021 showing it believes in further share upsides.
Deutsche Telekom Trust e.V. remains the third largest shareholder in Ströer SE & Co. KGaA.


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