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adidas AG Director's Dealing 2019
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Director's Dealing
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Directors’ Dealings | 20 May 2019 17:02
DGAP-DD: adidas AG english
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
20.05.2019 / 17:02
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
| Title: | |
| First name: | Michael |
| Last name(s): | Storl |
2. Reason for the notification
a) Position / status
| 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
adidas AG
b) LEI
549300JSX0Z4CW0V5023
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
| Type: | Share |
| ISIN: | DE000A1EWWW0 |
b) Nature of the transaction
| The Supervisory Board member participates in the adidas employee share purchase program. He has agreed with adidas AG to invest 5 percent of his monthly salary in adidas AG shares, as long as he doesn’t change or cancel his participation. adidas AG will provide a discount of 15% on the market price of the shares. At the end of each quarter, the plan administrator buys adidas AG shares for the Supervisory Board member from the withholding. At the end of the one-year vesting period, participants will receive matching shares free of charge at a ratio of 1:6. The notification on hand is regarding the receipt of of 0.854 shares as an automatic reinvestment of dividends in connection with the participation in the employee share purchase program of adidas AG. |
| Transaction linked to the exercise of share option programmes |
c) Price(s) and volume(s)
| Price(s) | Volume(s) |
| 252.54 EUR | 215.78 EUR |
d) Aggregated information
| Price | Aggregated volume |
| 252.54 EUR | 215.78 EUR |
e) Date of the transaction
2019-05-17; UTC+2
f) Place of the transaction
| Name: | Frankfurter Wertpapierbörse (FWB) – Xetra |
| MIC: | XETR |
20.05.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | adidas AG |
| Adi-Dassler-Straße 1 | |
| 91074 Herzogenaurach | |
| Germany | |
| Internet: | www.adidas-group.com |
| End of News | DGAP News Service |