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VARTA AG Director's Dealing 2020
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Director's Dealing
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Directors’ Dealings | 19 May 2020 13:40
DGAP-DD: VARTA AG english
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
19.05.2020 / 13:40
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: | VGG GmbH |
2. Reason for the notification
a) Position / status
| Person closely associated with: | |
| Title: | Dr. Dr. |
| First name: | Michael |
| Last name(s): | Tojner |
| 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
VARTA AG
b) LEI
529900E7KB95KOXBWP63
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
| Type: | Share |
| ISIN: | DE000A0TGJ55 |
b) Nature of the transaction
| Disposal: In connection with the IPO of VARTA AG, VGG GmbH established a stock option program (MSOP) for the benefit of the members of the Management Board and certain employees of VARTA AG and its consolidated subsidiaries. A special feature of this MSOP is that it is funded solely through shares made available by the major shareholder (VGG GmbH) and not through new shares or treasury shares of VARTA AG. This notification relates to the employees’ quarterly exercise option. |
| Transaction linked to the exercise of share option programmes |
c) Price(s) and volume(s)
| Price(s) | Volume(s) |
| 88.7224803 EUR | 112677.55 EUR |
d) Aggregated information
| Price | Aggregated volume |
| 88.7224803 EUR | 112677.55 EUR |
e) Date of the transaction
2020-05-18; UTC+2
f) Place of the transaction
| Name: | XETRA |
| MIC: | XETR |
19.05.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | VARTA AG |
| VARTA-Platz 1 | |
| 73479 Ellwangen | |
| Germany | |
| Internet: | www.varta-ag.com |
| End of News | DGAP News Service |