English:
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
Name and legal form: |
Sabine Plattner GmbH & Co. Beteiligungs-KG |
2. Reason for the notification
a) Position / status
Person closely associated with: |
Title: |
Prof. Dr. h.c. mult. |
First name: |
Hasso |
Last name(s): |
Plattner |
Position: |
Member of the administrative or supervisory body |
b) Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
b) LEI
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
Type: |
Share |
ISIN: |
DE0007164600 |
b) Nature of the transaction
Share Sale Program: The notifying person concluded an agreement with the bank acting as commission agent on the sale of an aggregate amount of up to 480,000 SAP shares. The sale will take place between January 1 and December 31, 2017, by weekly sales of 10,000 SAP shares. The bank may determine in its free discretion the 48 weeks during said one-year-period in which the sales are to be carried out, and whether the specific sale is to be made on the stock exchange or outside a trading venue. The targeted sale price is the volume-weighted average XETRA price of the SAP share on the respective day of sale. The bank will not offer the SAP shares for sale unless a minimum price of EUR 70.00 per SAP share is reached. If the weekly volume of 10,000 SAP shares cannot be sold due to such minimum price, the bank will carry out the sales within four weeks after the end of the respective week, but not later than December 31, 2017. If this cannot be achieved within four weeks after the end of the respective week, the authorization to sell the shares allocated to the respective week and still unsold will expire. |
c) Price(s) and volume(s)
Price(s) |
Volume(s) |
not numberable |
not numberable |
d) Aggregated information
Price |
Aggregated volume |
not numberable |
not numberable |
e) Date of the transaction
f) Place of the transaction
16.12.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de