Notification and public disclosure of transactions by persons discharging 
managerial responsibilities and persons closely associated with them 
 
02.12.2020 / 11:33 
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:|VGG GmbH| 
+--------------------+--------+ 
*2. Reason for the notification* 
 
a) Position / status 
 
+---------------+---------------------------------------------+ 
|Person closely associated with:                              | 
+---------------+---------------------------------------------+ 
|Title:         |Dr. Dr.                                      | 
+---------------+---------------------------------------------+ 
|First name:    |Michael                                      | 
+---------------+---------------------------------------------+ 
|Last name(s):  |Tojner                                       | 
+---------------+---------------------------------------------+ 
|Position:      |Member of the administrative or supervisory  | 
|               |body                                         | 
+---------------+---------------------------------------------+ 
b) Amendment 
 
+--------------------------------------------------------------+ 
|The volume of the notification from November 25, 2020 was     | 
|incorrectly stated. The traded volume was not EUR 156,910.20, | 
|but EUR 156,591.20.                                           | 
+--------------------------------------------------------------+ 
*3. Details of the issuer, emission allowance market participant, auction 
platform, auctioneer or auction monitor* 
 
a) Name 
 
+--------+ 
|VARTA AG| 
+--------+ 
b) LEI 
 
+--------------------+ 
|529900E7KB95KOXBWP63| 
+--------------------+ 
*4. Details of the transaction(s)* 
 
a) Description of the financial instrument, type of instrument, 
identification code 
 
+-----+------------+ 
|Type:|Share       | 
+-----+------------+ 
|ISIN:|DE000A0TGJ55| 
+-----+------------+ 
b) Nature of the transaction 
 
+--------------------------------------------------------------+ 
|Disposal: In connection with the IPO of VARTA AG, VGG GmbH    | 
|established a stock option program (MSOP) for the benefit of  | 
|the members of the Management Board and certain employees of  | 
|VARTA AG and its consolidated subsidiaries. A special feature | 
|of this MSOP is that it is funded solely through shares made  | 
|available by the major shareholder (VGG GmbH) and not through | 
|new shares or treasury shares of VARTA AG. This notification  | 
|relates to the employees' quarterly exercise option.          | 
+--------------------------------------------------------------+ 
|Transaction linked to the exercise of share option programmes | 
+--------------------------------------------------------------+ 
c) Price(s) and volume(s) 
 
+------------+-------------+ 
|Price(s)    |Volume(s)    | 
+------------+-------------+ 
|102.5483 EUR|156591.20 EUR| 
+------------+-------------+ 
d) Aggregated information 
 
+------------+-----------------+ 
|Price       |Aggregated volume| 
+------------+-----------------+ 
|102.5483 EUR|156591.20 EUR    | 
+------------+-----------------+ 
e) Date of the transaction 
 
+-----------------+ 
|2020-11-25; UTC+1| 
+-----------------+ 
f) Place of the transaction 
 
+-----+-----+ 
|Name:|XETRA| 
+-----+-----+ 
|MIC: |XETR | 
+-----+-----+ 
 
02.12.2020 The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  VARTA AG 
          VARTA-Platz 1 
          73479 Ellwangen 
          Germany 
Internet: www.varta-ag.com 
 
End of News DGAP News Service 
 
63779 02.12.2020

(END) Dow Jones Newswires

December 02, 2020 05:34 ET (10:34 GMT)