Lagardère sells its Deutsche Telekom shares The Lagardère group announces the forward sale of the 2,836,835 Deutsche Telekom shares that it had held since the transfer of Club Internet to T-Online International in early 2000. T-Online International was folded into Deutsche Telekom in 2006.

The sale will be effective in June 2016. In the meantime, the Lagardère group will continue to own the shares.
A pre-tax capital gain of about €21m will be booked in the first half 2016 accounts.

The sale price is €45m and the proceeds will be received in the coming days.

Media Contacts
  • Thierry Funck-Brentano - tel: +33 1 40 69 16 34 - tfb@lagardere.fr
  • Ramzi Khiroun - tel: +33 1 40 69 16 33 - rk@lagardere.fr

Investor relations contact
  • Anthony Mellor - tel: +33 1 40 69 18 02 - amellor@lagardere.fr
Lagardère is a diversified media group (Books and e-Publishing; Travel Retail and Distribution; Press, Audiovisual, Digital and Advertising Sales brokerage; and Sports and Entertainment; and is among the world leaders in its sector.
Lagardère shares are listed on Euronext Paris.
www.lagardere.com
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