STILL GmbH Position: Member of a managing body)
2014-03-24 / 00:00:00
Date | 2014-03-24 |
Last name | Brandt |
First name | Holger |
Details of Notifying Party | Position: Member of an administrative or supervisory body |
LEI | Sale: 2014-02- 24 |
Type of transaction | Sale: 2014-02- 24 |
Description of the financial instrument | KION GROUP AG share |
ISIN/WKN of the financial instrument | DE000KGX8881 |
No. of items | 5175 |
Price | 35.1681 |
Currency | EUR |
Total amount traded | 181994.92 |
Place | over the counter |
Explanation
This Director Dealings' announcement refers to the announcement made as of February 26, 2014, in which only the preliminary selling price for the 5,175 shares could be stated. The announcement as of February 26, 2014 also stated that a second Director Dealings' announcement referring to these 5,175 shares would be published, once the final selling price would have been determined.
The final selling price was announced to Holger Brandt on March 19, 2014 and has been determined in the following process: the preliminary price of EUR36.725 per share determined on the day of the transfer of the shares to the broker was adjusted after the end of the selling period (which was stretched out over a certain time period in order not to unduly influence the market price of the shares). The adjustment was made via a negative adjustment amount of EUR1.5569 based on the average of the daily volume weighted average prices during the selling period. This led to the final selling price of EUR35.1681.