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    Joint reasoned statement on Schaeffler AG’s public tender offer, November 27, 2023

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    DGAP-DD: Vitesco Technologies Group AG english


    Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
    04.07.2022 / 14:41
    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: IHO Verwaltungs GmbH

    2. Reason for the notification

    a) Position / status
    Person closely associated with:
    Title:
    First name: Georg F. W.
    Last name(s): Schaeffler
    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
    Vitesco Technologies Group AG

    b) LEI
    529900CCDMZ7UCYYS252 

    4. Details of the transaction(s)

    a) Description of the financial instrument, type of instrument, identification code
    Type: Share
    Description: Derivative / share DE000VTSC017

    b) Nature of the transaction
    The notifying party has entered into a firm agreement with a bank to acquire 1,586,000 shares in the issuer by way of a derivative structure. The purchase price will depend on the average market price of the issuer’s shares until December 30, 2022, subject to a certain minimum and maximum price.

    c) Price(s) and volume(s)
    Price(s) Volume(s)
    not numberable not numberable

    d) Aggregated information
    Price Aggregated volume
    not numberable not numberable

    e) Date of the transaction
    2022-07-04; UTC+2

    f) Place of the transaction
    Outside a trading venue


    04.07.2022 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.dgap.de
    Language: English
    Company: Vitesco Technologies Group AG
    Siemensstraße 12
    93055 Regensburg
    Germany
    Internet: www.vitesco-technologies.com

     
    End of News DGAP News Service

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