Advancing onto the global stage of financial disclosures is the renowned tech-based firm, Nagarro SE. The company has disclosed its preliminary announcement that it will be publishing future financial reports in compliance with Articles 114, 115, and 117 of the WpHG [the German Securities Act]. This disclosure is in line with the regulatory stipulations set forth in the German Securities Act, established to maintain transparency and trust among investors.
Nagarro SE has noted that the financial reports to be disclosed will be of an annual nature. To accommodate their diverse range of investors, the reports will be accessible in both German and English. The publication of these reports will take place on May 15, 2025. The company has promised to provide a link on their homepage for easy access to these reports.
In an unprecedented move, XP Factory’s leading officers have dug deep into their commitment to the organization, exploiting their company’s share incentive plan (SIP). The SIP provides eligible employees of this thriving tech firm the opportunity to purchase ordinary shares via monthly salary deductions. The shares then, aptly named Partnership Shares, further allow participants to acquire an additional ‘Matching Share’ at no cost for each purchased one.
On May 12, 2025, the trustee of the SIP, Link Group, notified XP Factory that the scheme had been utilized to purchase a total of 5,605 Partnership Shares in the market at a price of 13.3791 pence per share. This transaction was carried out on behalf of key figures within the company, including Chief Executive Officer, Richard Harpham, and Chief Financial Officer, Graham Bird, amongst other directors.