Continental AG: IHO Verwaltungs GmbH, Pledge of 65,990,458 shares of Continental AG in connection with a credit transaction
October 09, 2024 at 06:46 am EDT
Share
Continental AG: IHO Verwaltungs GmbH, Pledge of 65,990,458 shares of Continental AG in connection with a credit transaction
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
09.10.2024 / 12:16 CET/CEST
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
Name and legal form:
IHO Verwaltungs GmbH
2. Reason for the notification
a) Position / status
Person closely associated with:
Title:
First name:
Georg F.W.
Last name(s):
Schaeffler
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
Continental AG
b) LEI
529900A7YD9C0LLXM621
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
Type:
Share
ISIN:
DE0005439004
b) Nature of the transaction
Pledge of 65,990,458 shares of Continental AG in connection with a credit transaction
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
2024-10-08; UTC+2
f) Place of the transaction
Outside a trading venue
09.10.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language:
English
Company:
Continental AG
Continental-Plaza 1
30175 Hannover
Germany
Internet:
www.Continental.com
End of News
EQS News Service
Attachments
Original document
Permalink
Disclaimer
Continental AG published this content on October 09, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on October 09, 2024 at 10:45:05.119.
Continental AG specializes in the design, manufacturing, and marketing of tires and automotive equipment. Net sales break down by family of products as follows:
- automotive systems (49%): basic brakes (No. 1 worldwide), electronic braking circuits (No. 2 worldwide), chassis components, control systems, etc.;
- tires (33.4%): automobile, motorcycle, light, industrial and farm trucks tires, etc.;
- technical elastomers (17.6%): products made of rubber (belts, tubing, and hoses), plastic materials for the automotive, railroad, mining, and similar industries.
Net sales are distributed geographically as follows: Germany (19.1%), Europe (29.4%), North America (26.6%), Asia (20.7%) and others (4.2%).