Balda AG 

13.01.2014 16:10

Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------


On January 8, 2014, Indaba Capital Fund, L.P., George Town, Cayman Islands,
has informed us according to Article 21, Section 1 of the WpHG that via
shares its Voting Rights on Balda AG, Bad Oeynhausen, Deutschland, have
fallen below the 3% threshold of the Voting Rights on January 3, 2014 and
on that day amounted to 2.79% (this corresponds to 1644591 Voting Rights).

On January 8, 2014, Indaba Partners, LLC, San Francisco, California, USA,
has informed us according to Article 21, Section 1 of the WpHG that via
shares its Voting Rights on Balda AG, Bad Oeynhausen, Deutschland, have
fallen below the 3% threshold of the Voting Rights on January 3, 2014 and
on that day amounted to 2.79% (this corresponds to 1644591 Voting Rights).
2.79% of the Voting Rights (this corresponds to 1644591Voting Rights) is to
be attributed to Indaba Partners, LLC according to Article 22, Section 1,
Sentence 1, No. 1 of the WpHG.

On January 8, 2014, Indaba Capital Partners, L.P., San Francisco,
California, USA, has informed us according to Article 21, Section 1 of the
WpHG that via shares its Voting Rights on Balda AG, Bad Oeynhausen,
Deutschland, have fallen below the 3% threshold of the Voting Rights on
January 3, 2014 and on that day amounted to 2.79% (this corresponds to
1644591 Voting Rights). 2.79% of the Voting Rights (this corresponds to
1644591Voting Rights) is to be attributed to Indaba Capital Partners, L.P.
according to Article 22, Section 1, Sentence 1, No. 1 of the WpHG.

On January 8, 2014, Indaba Capital Management, LLC, San Francisco,
California, USA, has informed us according to Article 21, Section 1 of the
WpHG that via shares its Voting Rights on Balda AG, Bad Oeynhausen,
Deutschland, have fallen below the 3% threshold of the Voting Rights on
January 3, 2014 and on that day amounted to 2.79% (this corresponds to
1644591 Voting Rights). 2.79% of the Voting Rights (this corresponds to
1644591Voting Rights) is to be attributed to Indaba Capital Management, LLC
according to Article 22, Section 1, Sentence 1, No. 6 of the WpHG.

On January 8, 2014, Mr. Derek Christopher Schrier, USA, has informed us
according to Article 21, Section 1 of the WpHG that via shares his Voting
Rights on Balda AG, Bad Oeynhausen, Deutschland, have fallen below the 3%
threshold of the Voting Rights on January 3, 2014 and on that day amounted
to 2.79% (this corresponds to 1644591 Voting Rights). 2.79% of the Voting
Rights (this corresponds to 1644591Voting Rights) is to be attributed to
him according to Article 22, Section 1, Sentence 1, No. 1 of the WpHG and
according to Article 22, Section 1, Sentence 1, No. 6 in connection with
Article 22, Section 1, Sentence 2 of the WpHG.



13.01.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Balda AG
              Bergkirchener Str. 228
              32549 Bad Oeynhausen
              Germany
Internet:     www.balda.de
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------