Telstra shareholders okay NBN deal

The Telekom Austria Group has confirmed that on 14 October 2011 Vienna-based RPR Privatstiftung acquired a call option on Telekom shares, exercisable until 18 June 2012, via a pair of 100%-owned subsidiaries, Marathon Beteiligungs and Marathon Zwei Beteiligungs. The call option enables Marathon to acquire shares equating to 5.4% of the company, which include corresponding voting rights of 5.4%. Telekom says that RPR Privatstiftung and its subsidiaries already hold a total of 374,742 shares between them, effectively giving the holding company a shareholding of 5.485% [More]

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