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  • ISIN DE0007164600
  • Country Deutschland

Directors’ Dealings | 14 June 2023 09:44

SAP SE
SAP SE: Hasso Plattner Single Asset GmbH & Co. KG, Share sale program: The notifying party concluded an agreement with a bank acting as commissionary about the disposal of up to 1,458,198 SAP …


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
14.06.2023 / 09:43 CET/CEST
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name
Name and legal form: Hasso Plattner Single Asset GmbH & Co. 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
SAP SE

b) LEI
529900D6BF99LW9R2E68 

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 party concluded an agreement with a bank acting as commissionary about the disposal of up to 1,458,198 SAP shares in total (“Total Shares”). The sales will be carried out during the period from and including June 14, 2023, until and including July 15, 2024, at the latest. In this connection, it is intended to sell between 40% and 60% of the Total Shares until December 13, 2023, provided that the lower limit of 40% may be decreased in case of certain market disruption events as stipulated in the agreement, and the bank may determine in its free discretion the times of the sales, the daily numbers of shares, and the relevant sales prices of the SAP shares. The average target price, however, is the average volume-weighted XETRA order book price during the sales period.

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
2023-06-14; UTC+2

f) Place of the transaction
Outside a trading venue


14.06.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: SAP SE
Dietmar-Hopp-Allee 16
69190 Walldorf
Germany
Internet: www.sap.com

 
End of News EQS News Service

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