DGAP-Adhoc: P&I Personal & Informatik AG: Specification of transfer request and determination of the cash compensation

| Source: EQS Group AG
P&I Personal & Informatik AG  / Key word(s): Squeeze Out/Delisting

03.07.2014 19:58

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Argon GmbH with its seat in Frankfurt am Main today informed P&I Personal &
Informatik AG (ISIN DE0006913403) that it has determined pursuant to
section 327b para. 1 sentence 1 German Stock Corporation Act (Aktiengesetz,
AktG) the amount of the appropriate cash compensation to be paid to the
minority shareholders of P&I Personal & Informatik AG at EUR 70.66  per
no-par-value bearer share. Hereby, Argon GmbH confirmed and specified the
transfer request pursuant to section 327a para. 1 sentence 1 AktG dated 5
May 2014.

Argon GmbH holds more than 95% of the registered share capital of P&I
Personal & Informatik AG and is therefore the majority shareholder of P&I
Personal & Informatik AG within the meaning of section 327a para. 1
sentence 1 AktG. The transfer resolution will likely be passed at the next
annual general meeting of P&I Personal & Informatik AG, which is expected
to be held on 2 September 2014 in Wiesbaden.

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Language:     English
Company:      P&I Personal & Informatik AG
              Kreuzberger Ring 56
              65205 Wiesbaden
Phone:        +49 (0) 611 7147-0
Fax:          +49 (0) 611 7147-125
E-mail:       aktie@pi-ag.com
Internet:     www.pi-ag.com
ISIN:         DE0006913403
WKN:          691340  
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Stuttgart
End of Announcement                             DGAP News-Service