Skip to Content

Details of the person subject to the disclosure requirement
Last name: Prof. Dr. h.c. mult. Plattner

First name: Hasso

Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: Share

ISIN/WKN of the financial instrument: DE0007164600
Type of transaction: Sale

Date: 21.04.2016

Price: not numberable

Currency: EUR

No. of items: 

Total amount traded: (max) 120000000

Place:  -

Explanation for publication:

The notifying person entered into an agreement with a bank acting as
commission agent assigned to sell every month SAP SE shares with a current
market value of Euro 10,000,000. Sales will be executed at the sole
discretion of the bank during the period starting April, 21, 2016 and
ending April 20, 2017 via stock exchange.  The target price is the
volume-weighted XETRA-average price of the SAP share on the relevant day of
sale. The bank will not offer the SAP shares for sale unless a minimum
price of Euro 71.50 per share is achieved.  If sales are not carried out
due to the failure to reach the minimum price, the sales will be executed –
as soon as the minimum price can be reached -within the next ten trading
days- however not beyond April 20, 2017.  The bank will not carry out any
sale during statutory closed periods applicable to the notifying person. If
a statutory closed period extends to a whole calendar month or if the
number of trading days for the sale of SAP shares in the respective
calendar month falls below five due to a statutory closed period, the bank
may sell the outstanding (residual) volume of shares due in that calendar
month during the period of five trading days following the end of the
statutory closed period, even if they will be in the next calendar month.
The number of shares sold is calculated as the ratio between the total
amount traded and the actual price achieved for the sold shares.

Information about the company with duty of publication

Issuer: SAP SE

Dietmar-Hopp-Allee 16

69190 Walldorf


ISIN: DE0007164600

WKN: 716460

End of Directors" Dealings Notification 

(c) DGAP 27.04.2016
Back to top