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FTK — flatexDEGIRO SE News Story

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FlatexDEGIRO falls after chairman steps down

BUZZ-FlatexDEGIRO falls after chairman steps down

** Shares in German online broker flatexDEGIRO FTKn.DE fall 7.5% after the German online broker said chairman Hans-Hermann Lotter resigned as chairman of the supervisory board with immediate effect

** Lotter will step down from the supervisory board by Oct. 10 at the latest, while board member Martina Pfeifer will also leave on the same day

** FlatexDEGIRO said Stefan Mueller was elected interim chairman, with the company immediately starting the search for qualified candidates to join the board

** Up to the previous session's close, shares had fallen 6.8%​ YTD

** Shares on track for their worst day since April



(Reporting by Basile Day)

((Basile.Day@thomsonreuters.com))

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