Deutsche Telekom AG’s placement of 1.8m Scout24 AG shares

Hogan Lovells advised Deutsche Telekom AG on the placement of 1.8m Scout24 AG shares.

Deutsche Telekom placed the shares together with Willis Lux Holdings 2 S.à r.l. in liquidation, German BMEP Ord GmbH & Co. KG und MEP Ord GmbH & Co. KG in the course of an accelerated bookbuilding procedure at a price of 32 € per share with investors. This placement increased Scout24’s free float since their flotation on the stock market.

Hogan Lovells has advised Deutsche Telekom AG with a team including Michael Schlitt (Picture), Dr. Susanne Lenz (counsel), Sebastian Seibold (associate), Stefan Reitemeyer (associate, Capital Markets, Frankfurt), John Basnage (partner) and Mary Ma (associate, US-Law, London).

Involved fees earner: Michael Schlitt – Hogan Lovells; Susanne Lenz – Hogan Lovells; Sebastian Seibold – Hogan Lovells; Stefan Reitemeyer – Hogan Lovells; John Basnage – Hogan Lovells; Mary Ma – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Deutsche Telekom;

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