Director's Dealing • Jul 6, 2016
Director's Dealing
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Directors’ Dealings | 6 July 2016 15:54
DGAP-DD: SAP SE english
SAP SE: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
06.07.2016 / 15:53
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: | Robert |
| Last name(s): | Schuschnig-Fowler |
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) NameSAP SE
b) LEI529900D6BF99LW9R2E68
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
| The notifying party participates in the SAP Saving For Stock Program for Subsidized Shares, an employee saving program of SAP. In this context he agreed with SAP to purchase treasury shares of SAP SE for a monthly amount of 605 Euro. Such purchases will be funded by SAP by granting a 15% discount on the purchase price of the SAP shares. The designated amount will be withheld from the notifying party’s monthly base salary. On a monthly basis, the purchased SAP shares will be transferred to the notifying party’s deposit account by the bank acting as administrator of the plan. The purchase price of the purchased SAP shares will be the middle closing price of the SAP share in the XETRA trading system on three defined trading days, less the 15% discount granted by SAP under the plan. The number of SAP shares purchased in one month will be calculated by dividing the monthly saving amount by the discounted purchase price. |
| Transaction linked to the exercise of share option programmes |
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 transaction2016-07-03 UTC
f) Place of the transactionOutside a trading venue
06.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | SAP SE |
| Dietmar-Hopp-Allee 16 | |
| 69190 Walldorf | |
| Germany | |
| Internet: | www.sap.com |
| End of News | DGAP News Service |
26355 06.07.2016
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