SAP SE
DGAP-DD: SAP SE english
Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG
Directors’ Dealings notification transmitted by DGAP – a service of EQS Group AG.
The person with duty of notification is solely responsible for the content
of this announcement.
—————————————————————————
Details of the person subject to the disclosure requirement
Last name: Prof. Dr. h.c. mult. Plattner
First name: Hasso
Position: Member of an administrative or supervisory body
Information about the transaction with duty of notification
Description of the financial instrument: Share
ISIN/WKN of the financial instrument: DE0007164600
Type of transaction: Sale
Date: 21.04.2016
Price: not numberable
Currency: EUR
No. of items:
Total amount traded: (max) 120000000
Place: –
Explanation for publication:
The notifying person entered into an agreement with a bank acting as
commission agent assigned to sell every month SAP SE shares with a current
market value of Euro 10,000,000. Sales will be executed at the sole
discretion of the bank during the period starting April, 21, 2016 and
ending April 20, 2017 via stock exchange. The target price is the
volume-weighted XETRA-average price of the SAP share on the relevant day of
sale. The bank will not offer the SAP shares for sale unless a minimum
price of Euro 71.50 per share is achieved. If sales are not carried out
due to the failure to reach the minimum price, the sales will be executed –
as soon as the minimum price can be reached -within the next ten trading
days- however not beyond April 20, 2017. The bank will not carry out any
sale during statutory closed periods applicable to the notifying person. If
a statutory closed period extends to a whole calendar month or if the
number of trading days for the sale of SAP shares in the respective
calendar month falls below five due to a statutory closed period, the bank
may sell the outstanding (residual) volume of shares due in that calendar
month during the period of five trading days following the end of the
statutory closed period, even if they will be in the next calendar month.
The number of shares sold is calculated as the ratio between the total
amount traded and the actual price achieved for the sold shares.
Information about the company with duty of publication
Issuer: SAP SE
Dietmar-Hopp-Allee 16
69190 Walldorf
Germany
ISIN: DE0007164600
WKN: 716460
End of Directors’ Dealings Notification
(c) DGAP 27.04.2016
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