Notifications regarding transactions of management staff in accordance with Section 15 a of the German Securities Trading Act (directors' dealings)
Since the entry into force of Section 15 a of the German Securities Trading Act (WpHG) on 01 July 2002, members of the Managing Board and Supervisory Board of a stock exchange-listed company have to formally disclose if they purchase or sell securities of the company, where the total value exceeds certain minimum limits. With entry into force of the German Investor Protection Improvement Act [Anlegerschutzverbesserungsgesetz] on 30 October 2004, the minimum threshold of notifiable transactions in own shares of the company was reduced to 5 T€ within a calendar year. On the same date, the group of people also to be included was extended to the other significant decision-makers of the company and close relatives such as spouses, registered cohabitors as well as immediate relatives were also included in the obligatory reporting.
The following notifications in accordance with Section 15 a of the German Securities Trading Act have reached HAMBORNER: