Corporate News
- 2020-03-23DIC Asset AG: Business Update against the Background of the COVID-19 Pandemic
- 2020-03-14DIC Asset AG postpones Annual General Meeting
- 2020-03-04DIC Asset AG: Sonja Wärntges Cited as 'Mind of the Year' by Real Estate Industry
- 2020-02-07DIC Asset AG: Patrick Weiden to join Management Board, Michael Zahn to be proposed to Annual General Meeting for election to the Supervisory Board
- 2020-02-05DIC Asset AG: 2019 Annual Report confirms outstanding results of last year
Ad hoc Disclosures
Voting Rights Announcement
The Securities Trading Act (Wertpapierhandelsgesetz – WpHG) requires shareholders to notify the company and the Financial Supervisory Authority (BaFin) immediately if any acquisition or disposal will cause voting rights in a listed company to reach, exceed or fall below the following thresholds: 3%, 5%, 10%, 15%, 20%, 25%, 30%, 50% or 75%.
There are additional disclosure requirements connected with other circumstances, as for instance the holding of financial instruments.
The issuer must publish any change in the total number of voting rights.
Directors’ Dealings
If capital markets are to be transparent, market participants must be able to have some idea of when members of management or supervisory boards are dealing in financial instruments issued by their own company. Article 19 of the Market Abuse Regulation (EU) No 596/2014 (MAR) therefore requires managers’ transactions to be notified and published.
Please refer to the section Corporate Governance for Directors’ Dealings