Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
09.11.2018 / 09:05
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
|Name and legal form:
2. Reason for the notification
a) Position / status
|Person closely associated with:
||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
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
b) Nature of the transaction
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 stockholder (VGG GmbH), and not through new shares or treasury shares of VARTA AG.
This notification relates to the employees' quarterly exercise option.
c) Price(s) and volume(s)
d) Aggregated information
e) Date of the transaction
f) Place of the transaction
09.11.2018 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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