Deadline approaches for Deutsche Telekom shares

Investors interested in subscribing for the Deutsche Telekom share placing should bear in mind that they have only until next…

Investors interested in subscribing for the Deutsche Telekom share placing should bear in mind that they have only until next Tuesday to qualify for discounted and loyalty shares.

Those who order shares during the early incentive period, which runs from June 7th to June 15th, will not only get a discount to the issue price but will also be eligible for loyalty shares in the ratio of 1 to 10 if they hold the shares from a period of more than a year. Investors can apply for a minimum of 50 shares while there is no maximum level.

Ulster Bank and NCB Stockbrokers are handling the Irish element of the sale and those interested in the offer, which closes on June 24th, should contact Mr Nigel Poynton or anyone in NCB's private client division on 01611 5611.