Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
08.04.2024 / 15:06 CET/CEST
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
Title:
First name:
Sven
Last name(s):
Arend
2. Reason for the notification
a) Position / status
Position:
Member of the managing body
b) Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
hGears AG
b) LEI
529900AHQOSBXKH09981
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
Type:
Share
ISIN:
DE000A3CMGN3
b) Nature of the transaction
Acquisition
c) Price(s) and volume(s)
Price(s)
Volume(s)
2.66 EUR
10640.00 EUR
d) Aggregated information
Price
Aggregated volume
2.6600 EUR
10640.0000 EUR
e) Date of the transaction
05/04/2024; UTC+2
f) Place of the transaction
Name:
Quotrix/XDUS
MIC:
XDUS
08.04.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
hGears AG ia a Germany-based manufacturer of high-precision gears and components with a focus on products for e-mobility applications. hGears develops, manufactures, and supplies precision components and sub-systems as well as complex full system solutions. Products include gears, sprockets, shafts, structural components, complete gearboxes and other components. The Company divides their business into three business areas: e-Mobility, e-Tools and other automotive and industrial applications. E-Mobility focuses on products for e-bike drive systems and drive train units for electric and hybrid vehicles. E-Tools focuses on components utilized in the powering mechanism of battery driven (e-drive), cordless power and gardening tools. Conventional focuses on gear units for various applications, such as rolling shutters and systems for heating, ventilation and air conditioning, motorbikes and non-combustion part precision components for vehicles.
HGEARS AG 
