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Frankfurt Main Research AG (FMR), Frankfurt a.M., initiates research coverage of BVB share according to its initial research study dated May 24th, 2019 with a 'buy recommendation and a target price of 10.50 EUR.

For further information please see the column 'capital markets view' under www.bvb.de/aktie.

Dortmund, May 24th, 2019

Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH

Contact: Dr. Robin Steden Inhouse Counsel / Investor Relations

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BV Borussia Dortmund GmbH & Co. KGaA published this content on 24 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 May 2019 11:07:06 UTC