Notification and disclosure obligation of managers’ transactions in financial instruments according to Section 19 para. 1 of Regulation (EU) No. 596/2014 on Market Abuse (MAR)
Persons discharging managerial responsibilities ("managers") (i.e. in particular members of the Executive Board and the Supervisory Board), as well as persons closely associated with them, shall notify the issuer and the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) of transactions in financial instruments of Schaeffler AG (such as shares and debt securities) and derivatives in relation to the financial instruments of Schaeffler AG.
The notification obligation starts as of the date when the aggregate transactions volume within a calendar year reaches the threshold of €5,000. The aggregate transactions volume is calculated separately for each person subject to the obligation of notification.
Transactions that are subject to disclosure requirements pursuant to Art. 19 of the Market Abuse Regulation (from July 3, 2016) or to section 15a of the German Securities Trading Act (WpHG) (before July 3, 2016)