“The high participation rate in our employee share programme is an example of how we put our Talanx Purpose – Together we take care of the unexpected and foster entrepreneurship – into practice within our workforce. Staff can benefit from the Group’s performance by participating in the programme. The regular dividends, the possibility that the share price will rise and the ability to subscribe for the shares at a subsidised price offer an attractive potential return. In addition, the different options available allow staff to tailor their participation in the programme to their personal circumstances, making it easier for them to take part in the programme”, said Talanx’s CFO Jan Wicke. “The confidence that our staff has in our company and our resilience is an important signal, especially in times of multiple crises such as the present. We shall remain a strong partner for our customers despite all the external challenges we are facing.”
The Talanx Group’s staff have subscribed for a total of 951,944 shares in the five years in which the employee share programme has been running. Under this year’s programme, Talanx will create a total of 250,811 new shares by implementing a capital increase from authorised capital. This will increase the total number of shares by a slight 0.10 percent, to 253,359,943. Haftpflichtverband der Deutschen Industrie Versicherungsverein auf Gegenseitigkeit (HDI V.a.G.), Talanx AG’s majority shareholder, now holds 78.86 percent of the shares.
This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.