Directors' dealings (securities transactions reportable by board members under Sec. 15a WpHG)
Sec. 15a German Securities Trading Act ("WpHG") requires officers and board members of listed corporations to report their own dealings in issuer stock or related financial instruments. The same obligation is incumbent on any party related to the aforesaid persons. However, the reporting obligation does not exist to the extent that the aggregate total of an officer's, board member's or related party's dealings remains below the equivalent of €5,000 within any one calendar year. The listed corporation as issuer is obligated to forthwith publish the dealings so notified.The below reportable securities business were transacted in 2011.
Directors' dealings (securities transactions reportable by board members under Sec. 15a WpHG)
|
Name/ company |
Relationship or function | ISIN (for derivatives ISIN ofunderlying instrument) | Type of financial instrument (for derivatives, type of underlying) |
Type of trans- action |
Date/ Stock market |
Number of units |
Unit price (€) |
Total volume |
Due date/ maturity (of derivatives) |
Price multiplier (for derivatives) |
Details |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr.-Ing. Norbert Schiedeck | Executive Board member | DE000DB8XYC4 | Vossloh stock | Sale | 01/14/2011 Stuttgart and Frankfurt | 115,000 | 2.80 | 322,000.00 | 03/17/2011 | 0.1 | - |
| Dr.-Ing. Norbert Schiedeck | Executive Board member | DE000DB8SAC4 | Vossloh stock | Buy |
01/25/2011 Frankfurt |
25,000 | 2.02 | 50,500.00 | 09/14/2011 | 0.1 | - |
| Dr.-Ing. Norbert Schiedeck | Executive Board member | DE000CM2D8Z0 | Vossloh stock | Buy |
01/28/2011 Frankfurt |
30,000 | 1.60 | 48,000.00 | 12/14/2011 | 0.1 | - |
| Dr. Wilfried Kaiser | Supervisory Board Chairman | DE0007667107 | No-par bearer share of common stock | Sale | 06/22/2011 | 1,000 | 93.91 | 93,910.00 | - | - | Stock sale |