Fixed blackout periods
Members of the Board of Directors and the Executive Committee and all members of senior management and middle management and employees involved in preparing the financial statements are required to observe the prohibition on trading during the fixed blackout periods:
|
Event |
|
Start of blackout period |
|
End of blackout period |
|
Publication of annual results |
|
Executive Committee meeting, in which the announcement is made by the CFO following consolidation; for the Board of Directors, the following Board of Directors meeting |
|
First trading day following publication |
|
Publication of half-year results |
|
Executive Committee meeting, in which the announcement is made by the CFO following consolidation; for the Board of Directors, the following teleconference with the CFO |
|
First trading day following publication |
With effect from 1 January 2023, the following applies to fixed blackout periods:
The fixed blackout periods in connection with the preparation of the regular financial reports generally last:
- for the annual results: from 1 January to the first trading day following publication;
- for the half-year results: from 1 July to the first trading day following publication.