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
17/11/2021; 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

71161  19.11.2021 

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