Deutsche Telekom raises equity stake in OTE to 40pct

Deutsche Telekom AG has raised its equity stake in the Hellenic Telecommunications Organisation (OTE) to 40 percent, following the completion of the purchase of a further 10 percent stake on July 11.  Deutsche Telekom now holds an equity stake of 40.00000008 percent, which translates to 196,060,156 shares, and the corresponding voting rights.
According to an announcement by the Athens Stock Exchange before the transaction, Deutsche Telekom held an equity stake of 30.0000002 percent, corresponding to 147,045,118 shares and the respective voting rights.