Following the enactment of the Fourth Financial Markets Promotion Act on July 1, 2002, the members of REALTECH AG's Executive Board and Supervisory Board have been obligated, in accordance with Article 15a of the Securities Trading Law (Wertpapierhandelsgesetz, WpHG), to report purchases and sales of REALTECH shares. Moreover, Section 6.6. of the German Corporate Governance Codex contains a recommendation that such securities transactions be disclosed. In addition to the reporting of buying and selling transactions that involve REALTECH shares, it is also necessary to report other securities transactions that are related to REALTECH shares (e.g. the purchase or sale of warrants on REALTECH shares). Reporting is also necessary for securities transactions performed by spouses, registered non-marital permanent partners, or relations in the first degree.
