Corporate Governance

Explanations  

The German Corporate Governance Code was published for the first time in 2002 and forms the foundation for responsible corporate governance and surveillance.

The Code provides recommendations and suggestions for the management and surveillance of listed German companies, and is oriented towards internationally and nationally recognized standards of good and responsible corporate governance.

The Management Board and the Supervisory Board support the basic regulations of good and responsible corporate governance as outlined in the code. The company implements the recommendations and suggestions of the code wherever these appear appropriate.

 

HOMAG Group AG
Schopfloch

 

Corporate governance statement in accordance with Article 289a Paragraph 4 of the German Commercial Code for the 2015 financial year


The German law on the equal participation of women and men in leadership positions in the private and public sector of April 24, 2015 requires companies that are listed on the stock exchange or have employee participation in decision-making to set targets for the proportion of women on the executive board, in the two management levels below the executive board and on the supervisory board. According to Article 111 Paragraph 5 of the German Stock Corporation Act (AktG), the supervisory board of the company is required to set targets for the proportion of women on the supervisory board and the executive board, as well as deadlines for achieving these targets. According to Article 76 Paragraph 4 AktG, the executive board must set targets for the proportion of women in the two management levels below the executive board, as well as deadlines for achieving these targets. All deadlines set by the supervisory board and executive board for achieving the targets must be no later than June 30, 2017 (Article 25 Paragraph 1 Clause 2 of the Introductory Act to the German Stock Corporation Act [EGAktG]).

To comply with these legal requirements, the supervisory board and executive board of the HOMAG Group AG have made the following decisions:

1. The supervisory board has set a target of 25% for the proportion of women on the supervisory board. This target must be met no later than June 30, 2017. At the time of setting the target figures, the proportion of women on the supervisory board was 25%.

2. The supervisory board has set a target of 0% for the proportion of women on the executive board and a deadline for achieving this target of June 30, 2017 at the latest. At the time of setting this target, the proportion of women on the executive board was 0%.

3. The executive board has set a target for the proportion of women in the first management level below the executive board of 0% and a deadline for achieving this target of June 30, 2017 at the latest. The first management level below the executive board consists of eight people. At the time of setting this target, the proportion of women in the first management level below the executive board was 0%.

4. The executive board has set a target for the proportion of women in the second management level below the executive board of 0% and a deadline for achieving this target of June 30, 2017 at the latest. The second management level below the executive board consists of six people. At the time of setting this target, the proportion of women in the second management level below the executive board was 0%.

The annual shareholders´ meeting appointed on June 2, 2016, Ernst & Young GmbH, Wirtschaftsprüfungsgesellschaft, Stuttgart, as the independent auditor for fiscal 2016.

The Executive Board and the Supervisory Board issued the declaration of compliance with the recommendations of the Government Commission German Corporate Governance Code, pursuant to Section 161 of the German Stock Corporation Act, and made it permanently accessible to our shareholders on this website. Due to the change of our stock exchange listing to the Entry Standard segment of the Open Market in 2015 we do not disclose any longer the declaration by the management board and supervisory board on the German Corporate Governance Code pursuant to § 161 AktG.

 

Archive:

Details of Person:Transaction:Basic data:
Name/Company:
Jürgen Köppel
Reason:
Person performing managerial responsibilities
Position:
Member of a managing body
Date: 28.08.2014
Type of Transaction: Sale
Place: Over the counter
Price per share: 26.35
Currency: EUR
No of items: 1,000
Total amount traded: 26,350.00EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
Jürgen Köppel
Reason:
Person performing managerial responsibilities
Position:
Member of a managing body
Date: 21.11.2012
Type of Transaction: Purchase
Place: München
Price per share: 10.24
Currency: EUR
No of items: 250
Total amount traded: 2,560.00EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 25.10.2012
Type of Transaction: Sale
Place: over the counter
Price per share: 10.13
Currency: EUR
No of items: 11,000.00
Total amount traded: 111,430.00 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 18.09.2012
Type of Transaction: Purchase
Place: XETRA
Price per share: 9.625
Currency: EUR
No of items: 1,000.00
Total amount traded: 9,625.00 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
Jürgen Köppel
Reason:
Person performing managerial responsibilities
Position:
Member of a managing body
Date: 27.08.2012
Type of Transaction: Purchase
Place: München
Price per share: 10.945
Currency: EUR
No of items: 750.00
Total amount traded: 8,208.75 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 06.06.2012
Type of Transaction: Purchase
Place: XETRA, over the counter
Price per share: 11.21
Currency: EUR
No of items: 2,500.00
Total amount traded: 28,025.00 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 05.06.2012
Type of Transaction: Purchase
Place: XETRA, Stuttgart, over the counter
Price per share: 10.569
Currency: EUR
No of items: 3,866.00
Total amount traded: 40,861.25 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 04.06.2012
Type of Transaction: Purchase
Place: XETRA
Price per share: 9.85
Currency: EUR
No of items: 134.00
Total amount traded: 1,319.90 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 31.05.2012
Type of Transaction: Purchase
Place: XETRA
Price per share: 9.938
Currency: EUR
No of items: 1,000.00
Total amount traded: 9,938.12 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 30.05.2012
Type of Transaction: Purchase
Place: XETRA
Price per share: 9.90
Currency: EUR
No of items: 627.00
Total amount traded: 6,207.30 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 29.05.2012
Type of Transaction: Purchase
Place: XETRA
Price per share: 9.893
Currency: EUR
No of items: 1,319.00
Total amount traded: 13,048.78 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
DOMINO GmbH
Reason:
Legal person closely associated to a person performing managerial responsibilities
Position:
Member of an administrative or supervisory body 
Date: 25.05.2012
Type of Transaction: Purchase
Place: XETRA
Price per share: 9.90
Currency: EUR
No of items: 554.00
Total amount traded: 5,484.60 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
Rolf Knoll
Reason:
Person performing managerial responsibilities
Position:
Member of a managing body
Date: 27.09.2010
Type of Transaction: Purchase
Place: XETRA
Price per share: 13.05
Currency: EUR
No of items: 1,000
Total amount traded: 13,050.00 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
Gerhard Schuler
Reason:
Person performing managerial responsibilities
Position:
Honorary supervisory board chairman
Date: 10.12.2009
Type of Transaction: Purchase
Place: over the counter
Price per share: 9.9927
Currency: EUR
No of items: 7,754
Total amount traded: 77,483.40 EUR
Description of financial: Shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 

Explanation of publication:
Correction of notification (published: May 26, 2010) concerning transaction from December 10, 2009, correction of No. of items and total amount

Name/Company:
Gerhard Schuler
Reason:
Person performing managerial responsibilities
Position:
Honorary supervisory board chairman
Date: 07.12.2010
Type of Transaction: Purchase
Place: over the counter
Price per share: 9.6919
Currency: EUR
No of items: 4,196
Total amount traded: 40,667.21 EUR
Description of financial: shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 

Explanation of publication:
Correction of notification (published: May 26, 2010) concerning transaction from December 7, 2009, correction of No. of items and total amount

Name/Company:
Gerhard Schuler
Reason:
Person performing managerial responsibilities
Position:
Honorary supervisory board chairman
Date: 09.02.2010
Type of Transaction: Purchase
Place: over the counter
Price per share: 11.00
Currency: EUR
No of items: 1,450
Total amount traded: 15,950.00 EUR
Description of financial: shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
Gerhard Schuler
Reason:
Person performing managerial responsibilities
Position:
Honorary supervisory board chairman
Date: 08.02.2010
Type of Transaction: Purchase
Place: over the counter
Price per share: 10.9374
Currency: EUR
No of items: 4,156
Total amount traded: 45,455.83 EUR
Description of financial: shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
Gerhard Schuler
Reason:
Person performing managerial responsibilities
Position:
Honorary supervisory board chairman
Date: 05.02.2010
Type of Transaction: Purchase
Place: over the counter
Price per share: 10.9021
Currency: EUR
No of items: 4,144
Total amount traded: 45,178.30 EUR
Description of financial: shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
Name/Company:
Gerhard Schuler
Reason:
Person performing managerial responsibilities
Position:
Honorary supervisory board chairman
Date: 01.02.2010
Type of Transaction: Purchase
Place: over the counter
Price per share: 10.9329
Currency: EUR
No of items: 2,750
Total amount traded: 30,065.48 EUR
Description of financial: shares
ISIN:
DE0005297204
Issuer:
Homag Group AG
Homagstraße 3-5
72296 Schopfloch
Germany 
*NOTE
Persons who perform a management function in an Issuing company are obliged, in accordance with § 15a of the Securities Trade Act to inform both the Issuer and the Federal Financial Supervisory Authority (BaFin) if they engage in transactions in the Company’s shares or which involve financial instruments related to these shares. This obligation also applies for people closely related to the above person (e.g. spouse, dependent children, legal entities.)

Further information concerning the obligation to notify and make public Directors Dealings in accordance with § 15a of the Securities Trade Act can be found on the website of the Bundesanstalt für Finanzdienstleistungsaufsicht (BAFin) [Federal Financial Supervisory Authority] at www.bafin.de.