Several notifications of shareholdings received
In accordance with Sec. 21 WpHG [“Wertpapierhandelsgesetz”: German Securities Trading Act], shareholders are obligated to report their share of voting rights if they exceed or fall short of particular reporting thresholds. The reporting thresholds are set at 3%, 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%.
On January 24, 2013, HUGO BOSS AG was informed pursuant to Sec. 25 a WpHG by Mediobanca – Banca di Credito Finanziario S.p.A., Milan, Italy that since January 21, 2013 it no longer holds any financial or other instruments that would enable it to acquire voting rights.
On November 29, 2013, The Capital Group Companies, Inc., Los Angeles, U.S.A. notified the Company pursuant to Sec. 21 (1) WpHG in conjunction with Sec. 22 (1) Sentence 1 No. 6 WpHG and Sec. 22 (1) Sentences 2 and 3 WpHG that they exceeded the reporting threshold of 3% of the voting rights in HUGO BOSS AG on November 26, 2013.
On November 29, 2013, Capital Research and Management Company, Los Angeles, U.S.A. notified the Company pursuant to Sec. 21 (1) WpHG in conjunction with Sec. 22 (1) Sentence 1 No. 6 WpHG that it exceeded the reporting threshold of 3% of the voting rights in HUGO BOSS AG on November 26, 2013.
The Company published the original wordings of these notifications under News and Releases in the Investor Relations section of its corporate website at group.hugoboss.com.
Reportable securities transactions pursuant to Sec. 15 a WpHG
According to Sec. 15 a WpHG, members of the Managing Board and the Supervisory Board and persons who carry out managerial functions as defined by the WpHG are obliged to disclose any transactions to purchase or sell HUGO BOSS AG securities.
Over the reporting period from January 1 to December 31, 2013, the Managing Board and Supervisory Board reported to the Company pursuant to Sec. 15 a WpHG one reportable securities transaction with shares in the Company. In total, Members of the Managing Board and Supervisory Board hold less than 1% of the shares issued by HUGO BOSS AG. Corporate Governance Report
Reportable securities transactions are published under News and Releases in the Investor Relations section of the corporate website at group.hugoboss.com.
Number of own shares unchanged
The Annual Shareholders’ Meeting on June 21, 2010 authorized the Managing Board of HUGO BOSS AG to continue the share buyback program already in place at that time. Accordingly, the Managing Board is authorized until June 20, 2015 to buy shares in the Company up to an interest of no more than 10% of the share capital outstanding. No use of the authorization was made in the past fiscal year.
This means that the number of own shares held by HUGO BOSS AG remains unchanged at 1,383,833. This corresponds to a share of 1.97% or EUR 1,383,833 of the share capital. Legal Disclosures
No corporate bonds issued
Neither HUGO BOSS AG nor any of its subsidiaries issued corporate bonds in 2013 and no bonds were outstanding as of year-end 2013. The Group is also not rated by any external rating agency.