Directors' Dealings
Pursuant to § 15a of the German Securities Trading Act, individuals having managerial responsibilities at an issuer are required to notify both the issuer and the German Federal Authority for Financial Services (BaFin) of their own dealings in shares of the issuer or in related financial instruments within a period of five working days. This requirement also applies to certain persons closely associated with these individuals (e.g. spouses, dependent children, legal entities).
The notification duty not exists if the total value of the transactions of a person with management duties and of any persons in a close relationship with this person not reaches EUR 5,000 by the end of the calendar year.
Further information can be found on the website of the German Federal Authority for Financial Services (BaFin) at: www.bafin.de
The following notifications exist and are published in accordance with § 15a WpHG: Presently there are no notifications.
