DGAP-DD: Balda AG english

| Source: EQS Group AG

Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EQS Group
The person with duty of notification is solely responsible for the content
of this announcement.

Details of the person subject to the disclosure requirement
Company: Elector GmbH

Person performing managerial responsibilities, triggering the disclosure
requirement for the legal person 
Details of the person performing managerial responsibilities
Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: Share
ISIN/WKN of the financial instrument: DE0005215107
Type of transaction: Sale
Date: 22.01.2014
Price: 5.4413
Currency: EUR
No. of items: 66124
Total amount traded: 359800.52
Place: over the counter

Information about the company with duty of publication

Issuer: Balda AG
Bergkirchener Str. 228
32549 Bad Oeynhausen
ISIN: DE0005215107
WKN: 521510

End of Directors' Dealings Notification 
(c) DGAP 27.01.2014

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