We communicate openly and transparently with our shareholders. All dates that might be of interest are displayed on our website, including the dates on which the Annual Report and interim reports are published. Other information available relates to our stock, the share price and reports on the purchase or sale of the company’s shares or related financial instruments pursuant to section 15a of the Wertpapierhandelsgesetz (WpHG – German Securities Trading Act).
In 2005, we reported the following purchases (P) and sales (S) of the company’s shares pursuant to section 15a of the WpHG. Every sale of shares listed below was preceded directly by the exercise of stock options to purchase an identical number of shares.
| 1) | Stock options |
The entire holdings of all members of the Board of Management and Supervisory Board do not exceed 1% of the shares issued by the company, including related financial instruments. This means that there were no securities holdings that are required to be reported in accordance with section 6.6 of the German Corporate Governance Code.
Members of the Board of Management and Supervisory Board disclose any possible conflicts of interest to the Supervisory Board without delay. Outside activities pursued by members of the Board of Management have to be approved by the Supervisory Board. The Supervisory Board reports on conflicts of interest and how they have been dealt with.





