EQS-DD: adidas AG: Linda Evenhuis, The Supervisory Board member participates
in the adidas employee stock purchase plan. In this context, she has agreed with
adidas AG to invest a percentage of ...
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
05.06.2024 / 17:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
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1. Details of the person discharging managerial responsibilities / person
closely associated
a) Name
Title:
First name: Linda
Last name(s): Evenhuis
2. Reason for the notification
a) Position / status
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
adidas AG
b) LEI
549300JSX0Z4CW0V5023
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument,
identification code
Type: Share
ISIN: DE000A1EWWW0
b) Nature of the transaction
The Supervisory Board member participates in the adidas employee stock
purchase plan. In this context, she has agreed with adidas AG to
invest a percentage of 10% of the monthly salary - provided she does
not change or terminate the participation - in the purchase of adidas
AG shares which is supported by adidas AG with a 15% discount on the
market price. A service provider purchases adidas AG shares for the
Supervisory Board member at the end of each quarter. At the end of the
one-year holding period, the participants receive free matching shares
from adidas AG at a ratio of 1:6. Matching shares that have vested
shall be delivered to the participants by the Company to the custody
account at or promptly following the end of the applicable vesting
period. If participant's entitlement to matching shares is not equal
to a whole share, the participant will receive a fraction of a share
at the same ratio. In addition, participants are entitled to dividends
on their full investment shares and matching shares. Participants are
entitled to fractional dividends on their fractional shares and
matching shares. For as long as the participant maintains the shares
in the custody account, dividends in respect of such shares will not
be paid in cash but will be applied by the custodian bank (less
commissions, transaction fees, taxes and duties) to purchase
additional shares. The additional shares will be delivered to the
custody account for the benefit of the participant as soon as
practicable after purchase. These shares will be purchased at their
market price without discount. Shares purchased through the
reinvestment of dividends will not be entitled to matching shares.
Transaction linked to the exercise of share option programmes
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
03/06/2024; UTC+2
f) Place of the transaction
Outside a trading venue
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05.06.2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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Language: English
Company: adidas AG
Adi-Dassler-Straße 1
91074 Herzogenaurach
Germany
Internet: www.adidas-group.com
End of News EQS News Service
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91455 05.06.2024 CET/CEST