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.
Declaration on corporate governance
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%.
Auditor
The annual shareholders´ meeting appointed on June 2, 2016, Ernst & Young GmbH, Wirtschaftsprüfungsgesellschaft, Stuttgart, as the independent auditor for fiscal 2016.
Declaration of compliance
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:
- Declaration of Compliance January 2015
- Declaration of Compliance January 2014
- Declaration of Compliance January 2013
- Declaration of Compliance January 2012
- Declaration of Compliance January 2011
- Declaration of Compliance January 2010
- Declaration of Compliance January 2009
- Declaration of Compliance January 2008
Directors Dealings*
| 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: | ||
| 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: | ||
| 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. | ||