Managers’ Transactions

Since July 3, 2016, new rules have been in force for the reporting and disclosure of transactions involving the Borussia Dortmund GmbH & Co. KGaA´s financial instruments and derivatives of these financial instruments. The new European Market Abuse Regulation (MAR) has considerably tightened the duties governing so-called managers’ transactions (previously “directors´dealings”).

The reporting and disclosure duty applies to the general partner (Borussia Dortmund Geschäftsführungs-GmbH), to its management, to the advisory board of the Borussia Dortmund Geschäftsführungs-GmbH and to the supervisory board of the Borussia Dortmund GmbH & Co. KGaA as well as to persons closely associated with them. It also applies to legal entities, other companies, or organizations acting by order of or in the interests of the aforementioned persons.

Transactions involving financial instruments of Borussia Dortmund GmbH & Co. KGaA (such as shares) or derivatives of these financial instruments must be reported. Any subsequent transactions once a total transaction volume of € 5,000.00 has been reached within a calendar year must be reported. The transactions of each person are to be considered separately.

Borussia Dortmund GmbH & Co. KGaA publishes managers´ transactions through the EQS Group AG (www.dgap.de). The complete wording of all managers´ transactions recently published related to our company can be found here:

All transactions that are subject to disclosure requirements are listed, together with the information required by law (before July 3, 2016 pursuant to section 15a of the German Securities Trading Act (WpHG); from July 3 pursuant to Art. 19 of the Market Abuse Regulation).