Deutsche Post Seeks Non-German Listing to Add Investors

Deutsche Post AG (DPW) said it will ask investors for permission to list the company’s shares on an exchange outside Germany as Europe’s largest postal service seeks to expand its shareholder base.

The authorization also applies to the listing of depositary receipts or certificates representing shares, the Bonn-based company said in an invitation for its May 9 annual shareholder meeting published today.

“A large number of investors are only prepared to invest if the shares are admitted to trading on the stock exchange in their country,” Deutsche Post said in the invitation. “There are no specific plans to list the company’s shares on any foreign stock exchange.”

To contact the reporter on this story: Nicholas Comfort in Frankfurt at ncomfort1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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