According to section 15a of the German Securities Trading Act (WpHG), persons discharging managerial responsibilities (senior executives) in German listed companies have to notify both the company and the German Federal Financial Supervisory Authority (BaFin) within five working days if they acquire or dispose of shares in the company or rights related to these shares. Certain people who are closely related to board members or senior executives, such as spouses and dependent children, are under the same obligation.
The regulations of Directors' Dealings provide that the company must publish notification whenever an executive of the company purchases or sells shares, if the value of the transaction(s) totals in excess of 5,000 euros by the end of the calendar year.
Logwin AG shall publish the disclosure without delay on this website.
Further information is available on the homepage of BaFin.
Notification about Directors' Dealings under section 15a of the German Securities Trading Act within the year 2011: