Some 85,000 staff in 21 countries were eligible to apply for the new shares of stock.
The employee shares are issued without shareholder’s subscription rights from authorized capital. Allianz SE shares are registered under the beneficiary owner’s name and traded in Frankfurt and regional German stock markets. In the US, American Depository Shares (ADS) of Allianz are traded over the counter on the OTCQX, the premium tier of the American OTC market.
