Ad hoc releases
Ad hoc announcements are regulatory announcements which must be published pursuant to an obligation based on German Securities Trading Law (§ 15 WpHG). This law requires an issuer of a publicly listed stock to release important news on the Company, which is not public knowledge, if the news might have a substantial influence for the share price. This is intended to prevent that news with relevance for the share price are only known to "insiders", who might use this knowledge to their advantage.
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