BMW 2006 Annual Report Download - page 125

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Supervisory Board requiring them to provide per-
sonal services, in particular advisory and agency
services, in return for compensation (cf. Section 4.4
of the BMW Group Corporate Governance Code).
The members of the Supervisory Board do not re-
ceive any loans from the BMW Group.
Directors’ Dealings
Members of the Board of Management and the
Supervisory Board and persons closely related to
them, are required, pursuant to §15a of the German
Securities Trading Act (WpHG), to give notice of
any of their transactions with BMW stock or related
financial instruments, if the total sum of such trans-
actions exceeds an amount of euro 5,000 during the
calendar year. BMW AG was given notice of the fol-
lowing transactions, which were also posted on the
group website at www.bmwgroup.com:
Shareholdings of members of the Board of
Management and the Supervisory Board
The members of the Supervisory Board of BMW AG
hold in total 27.70% of the issued common and
preferred stock shares, of which 16.12% relates to
Stefan Quandt, Bad Homburg v.d.H. and 11.58% to
Susanne Klatten, Bad Homburg v.d.H. The share-
holding of the members of the Board of Manage-
ment is, in total, less than 1% of the issued stock
shares.
124 Corporate Governance
116 Corporate Governance
116 Members of the Supervisory Board
119 Members of the Board of Management
120 Corporate Governance in the
BMW Group
121 Compensation Report
124 Directors’ Dealings
124 Shareholdings of members of the Board
of Management and Supervisory Board
125 Declaration of the Board of Manage-
ment and of the Supervisory Board
pursuant to §161 AktG
Date of Person reporting Person with Manage- Nature of Financial instrument Number Price Volume notified
transaction ment responsibility transaction and ISIN code in euro in euro
2.8.2006 Susanne Klatten Susanne Klatten Sale, BMW 2,343,277 39.80 93,262,424.60
Member of the Off- common stock
Supervisory Board Exchange DE0005190003
2.8.2006 Stefan Quandt Stefan Quandt, Sale, BMW 3,261,373 39.80 129,802,645.40
GmbH & Co. KG Member of the Off- common stock
für Automobilwerte Supervisory Board Exchange DE0005190003