DGAP-PVR: PAION AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

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| Source: EQS Group AG
PAION AG 

23.01.2014 14:00

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.
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On January 22, 2014, Varuma AG, Basel, Switzerland, has informed us
according to Article 21, Section 1 of the WpHG that due to the change in
the total number of voting rights its voting rights on PAION AG,
Aachen, Germany, have fallen below the 5% threshold of the voting
rights on January 13, 2014 and on that day amounted to 4.98% (this
corresponds to 1401858 voting rights).

On January 22, 2014, Mr Rudolf Maag, Switzerland, has informed us according
to Article 21, Section 1 of the WpHG that due to the change in the total
number of voting rights his voting rights on PAION AG, Aachen,
Germany, have fallen below the 5% threshold of the voting rights on
January 13, 2014 and on that day amounted to 4.98% (this corresponds to
1401858 voting rights).
According to Article 22, Section 1, Sentence 1, No. 1 of the WpHG, 4.98% of
the voting rights (this corresponds to 1401858 voting rights) are to be
attributed to Mr Maag from Varuma AG.

On January 22, 2014, Mr Rudolf Maag, Switzerland, has informed us according
to Article 21, Section 1a of the WpHG that his voting rights on PAION AG,
Aachen, Germany, amounted on 9 February 2005 to 9.84% (this corresponds to
1476191 voting rights).
According to Article 22, Section 1, Sentence 1, No. 1 of the WpHG, 9.84% of
the voting rights (this corresponds to 1476191 voting rights) were to be
attributed to Mr Maag from Varuma AG.



23.01.2014 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      PAION AG
              Martinstr. 10-12
              52062 Aachen
              Germany
Internet:     www.paion.com
 
End of Announcement                             DGAP News-Service
 
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