In accordance with article 19 of the EU Market Abuse Regulation, persons discharging managerial responsibilities for issuers shall notify the issuer and the competent authority of every transaction conducted on their own account relating to the shares or debt instruments of that issuer or to derivatives or other financial instruments linked thereto promptly and no later than three business days after the date of the transaction. This obligation also applies to persons closely associated with such persons.
The members of the Board of Management are obliged to build up share ownership within three years:
- Chairman of the Board: two times base salary, i.e. 3,412 thou euros.
- Regular board member: one time base salary, i.e. 975 thou euros.
Holding is required for the entire term of service on the Board of Management.
Shares will be acquired through mandatory pay component conversion to avoid insider trading.
The holding obligation ceases with the end of the mandate.
May 14, 2019
Allianz published notifications regarding directors' dealings of members of the Board of Management of Allianz SE. You can access these notifications here:
Announcements of Allianz SE
The full version of all Inside Information, directors' dealings and notifications relating to both voting rights and total voting rights, as well as other disclosures that extend beyond the statutory publication obligations, particularly relating to our fiscal year and quarterly results, can be found here: