Corporate Governance

S IMMO commits to the Austrian Code of Corporate Governance 

The Austrian Code of Corporate Governance (ACCG) contains principles relating to transparency and sound corporate management. S IMMO AG has been committed to the ACCG since 2007. The Management Board has aligned its corporate management with the principles of the ACCG and declares compliance with and adherence to the C rules in conjunction with the Supervisory Board. By doing this, we aim to strengthen investor confidence in us and our real estate share.

Management Board and Supervisory Board

The Management Board of S IMMO AG has two members, and the Supervisory Board has seven. The activities of the Management Board and Supervisory Board as well as collaboration between the two bodies are performed on the basis of legislation, the Articles of Association and the rules of procedure. In addition, the Supervisory Board has set up three committees.

Audit CommitteeManagement Board Committee 
(Remuneration Committee)
Working Committee
Functions (selection)
  • Monitoring the accounting and reporting process
  • Monitoring the work of auditors
  • Monitoring the effectiveness of the Internal Control System
  • Monitoring the risk management system
  • Monitoring the process of auditing the group's financial statements
  • Negotiation, conclusion and amendments of the contracts of the Management Board members
  • Approvement of certain transactions
Members
  • Martin Simhandl (Chairman)
  • Ralf Zeitlberger
  • Erwin Hammerbacher
  • Franz Kerber
  • Wilhelm Rasinger

 

  • Martin Simhandl (Chairman)
  • Franz Kerber
  • Ralf Zeitlberger
  • Ralf Zeitlberger (Chairman)
  • Andrea Besenhofer
  • Erwin Hammerbacher
  • Franz Kerber

Managers' transactions

Managers' transactions or directors' dealings refer to the proprietary trading of Management Board and Supervisory Board members and related parties. Since 2007, the following purchases and sales of S IMMO securities were made:

Directors' Dealings 2018

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Franz Kerber 2) EUR 20,000 S IMMO bond (AT0000A1Z9D9) 06 February 2018 99.718%
Elisabeth Kerber 2) EUR 20,000 S IMMO bond (AT0000A1Z9D9) 06 February 2018 99.718%
Wilhelm Rasinger 2) 4,000 units S IMMO share (AT0000652250) 06 February 2018 14.20
Wilhelm Rasinger 2) 4,000 units S IMMO share (AT0000652250) 14 February 2018 14.06
This notification concerns a person which maintains a relationship with another person which performs management functions: Mr. Manfred Rapf is member of the Management Board of Sparkassen Versicherung AG Vienna Insurance Group as well as member of the Supervisory Board of S IMMO AG. 3) 6,838,596 units S IMMO share(AT0000652250) 09 April 2018 16.14

Directors' Dealings 2017

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 1,000 units S IMMO share (AT0000652250) 06 April 2017 11.50
Wilhelm Rasinger 2) 3,706 units S IMMO share (AT0000652250) 24 July 2017 12.44
Wilhelm Rasinger 2) 70 units S IMMO share (AT0000652250) 25 July 2017 12.34
Christian Hager 2) 1,950 units S IMMO share (AT0000652250) 12 October 2017 15.60

Directors' Dealings 2016

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 1,500 units S IMMO share (AT0000652250) 04 January 2016 8.00
Wilhelm Rasinger 2) 907 units S IMMO share (AT0000652250) 15 January 2016 7.88
Wilhelm Rasinger 2) 593 units S IMMO share (AT0000652250) 18 January 2016 7.81
Francisca Amilivia 3) 1,000 units S IMMO share (AT0000652250) 25 January 2016 7.45
Wilhelm Rasinger 2) 2,000 units S IMMO share (AT0000652250) 24 June 2016 8.48
Ralf Zeitlberger 2) 2,000 units S IMMO share (AT0000652250) 26 August 2016 8.79

Directors' Dealings 2015

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ralf Zeitlberger 2) 2,000 units S IMMO share (AT0000652250) 31 August 2015 7.646

Directors' Dealings 2014

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Wilhelm Rasinger 2) 6,000 units S IMMO share (AT0000652250) 03 January 2014 5.24
Francisca Amilivia-Elorza 3) 4,000 units S IMMO share (AT0000652250) 03 January 2014 5.25

Directors' Dealings 2013

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 2,863 units S IMMO share (AT0000652250) 10 September 2013 4.58
Ernst Vejdovszky 1) 137 units S IMMO share (AT0000652250) 12 September 2013 4.58
Wilhelm Rasinger 2) 3,000 units S IMMO share (AT0000652250) 19 December 2013 5.28

Directors' Dealings 2012

There were no Directors' Dealings in 2012.

Directors' Dealings 2011

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 2,000 units S IMMO share (AT0000652250) 30 August 2011 3.88

Directors' Dealings 2010

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Petra Hager 3) 1,587 units S IMMO INVEST participating certificate (AT0000795737) 06 December 2010 72.3280
Petra Hager 3) 1,063 units S IMMO INVEST participating certificate (AT0000795737) 13 December 2010 71.4250
Petra Hager 3) 2,500 units S IMMO INVEST participating certificate (AT0000795737) 20 December 2010 70.63

Directors' Dealings 2009

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 5,000 units S IMMO share (AT0000652250) 30 January 2009 2.00
Ernst Vejdovszky 1) 300 units S IMMO INVEST participating certificate (AT0000795737) 30 January 2009 44.5
Peter Nemschak 2) 1,500 units S IMMO share (AT0000652250) 01 September 2009 4.85
Peter Nemschak 2) 750 units S IMMO share (AT0000652250) 10 September 2009 5.43

Directors' Dealings 2008

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Ernst Vejdovszky 1) 8,000 units S IMMO share (AT0000652250) 24 November 2008 2.35
Holger Schmidtmayr 1) 20,000 units S IMMO share (AT0000652250) 19 December 2008 1.72

Directors' Dealings 2007

Name Position Purchase Sale Financial instrument (ISIN) Closing date Average price per unit (EUR)
Holger Schmidtmayr 1) 1,007 units S IMMO share (AT0000652250) 26 June 2007 9.89
Martin Simhandl 2) 1,578 units S IMMO share (AT0000652250) 07 August 2007 9.47
Maria Simhandl 3) 1,575 units S IMMO share (AT0000652250) 07 August 2007 9.47
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 29 August 2007 8.55
Ernst Vejdovszky 1) 1,000 units S IMMO share (AT0000652250) 12 November 2007 7.72
Ernst Vejdovszky 1) 250 units S IMMO INVEST participating certificate (AT0000795737) 12 November 2007 96.00

1) Management Board

2) Supervisory Board

3) Person with close relationship to member of the management

Auditor

At the 28th Annual General Meeting on 08 June 2017, PwC Wirtschaftsprüfung GmbH was appointed as the auditor of the annual and consolidated financial statements for the 2017 financial year.