by stagingadmin | Oct 14, 2011 | Legal
Pursuant to Section 15 of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG), in the version of the Investor Protection Enhancement Act (Anlegerschutzverbesserungsgesetz – AnSVG) of 30 October 2004, an issuer of financial instruments that are admitted to...
by stagingadmin | Oct 14, 2011 | Legal
Pursuant to Section 15a (1) sentence 1 WpHG, the notification must be issued within 5 working days. The notification is to be submitted to us and the issuer. The duty to provide a notification always arises upon conclusion of the transaction (conclusion of a...
by stagingadmin | Oct 14, 2011 | Legal
In the opinion of Germany’s MTG representatives, the wording of Article 3(7), first subparagraph, second sentence of the Financial Conglomerates Directive is ambiguous. Germany’s position is that, for the purposes of identification, the wording “der dem von der Gruppe...
by stagingadmin | Oct 14, 2011 | Legal
Please note that German laws governing activities other than distribution/marketing in accordance with Annex II of the UCITS Directive, an area that is of specific relevance to securities supervision, apply without exception and must be observed as part of your...
by stagingadmin | Oct 14, 2011 | Legal
Pursuant to Article 6 b (3) of Directive 2001/107/EC and Section 13(3) InvG, you are hereby advised that, in accordance with Section 13(4) sentence 3 InvG, the statutory provisions set out in Sections 9(2), 9(4) and 9(5) InvG, as well as the provisions of Section 37,...
by stagingadmin | Oct 13, 2011 | Finance & Investor Relations
The recent economic upturn in Germany and Europe appears to have become more sustained. However, from a wider perspective the degree of recovery remains tenuous, and therefore the economy as a whole continues to be exposed to significant risk, particularly when one...