Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

24.05.2018 / 16:03
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: Hasso Plattner Fund GmbH & Co. KG

2. Reason for the notification

a) Position / status
Person closely associated with:
Title: Prof. Dr. h.c. mult.
First name: Hasso
Last name(s): Plattner
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
SAP SE

b) LEI
529900D6BF99LW9R2E68 

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code
Type: Share
ISIN: DE0007164600

b) Nature of the transaction
Share sale program: The notifying party entered into an agreement with a bank acting as commission agent on the disposal of SAP shares with an aggregate value of up to EUR 60 million, limited to a maximum of 800,000 SAP shares. The disposal will take place during the period from 25th May 2018 until 30th April 2019 at the latest, with SAP shares with an aggregate value of up to EUR 30 million to be sold via the stock exchange until 31st August 2018. The bank may determine in its free discretion the times of the sales, the daily numbers of shares, and the relevant sales prices of the SAP shares. The bank will not offer the SAP shares for sale unless a minimum price of EUR 75.00 per SAP share is achieved. The average target price, however, is the average volume-weighted XETRA order book price during the sales period, adjusted for transactions carried out at a price of less than EUR 75.00 per SAP share.

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
2018-05-24; UTC+2

f) Place of the transaction
Outside a trading venue


24.05.2018 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: SAP SE
Dietmar-Hopp-Allee 16
69190 Walldorf
Germany
Internet: www.sap.com

 
End of News DGAP News Service

42779  24.05.2018