DGAP-Adhoc: P&I Personal & Informatik AG: Increase of the appropriate cash compensation


P&I Personal & Informatik AG  / Key word(s): Squeeze Out

01.09.2014 16:55

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

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Argon GmbH with its seat in Munich today informed P&I Personal & Informatik
AG (ISIN DE0006913403) that it increases the amount of the appropriate cash
compensation to be paid to the minority shareholders of P&I Personal &
Informatik AG pursuant to section 327b para. 1 sentence 1 German Stock
Corporation Act (Aktiengesetz, AktG) to EUR 70.90 per no-par-value bearer
share, and thereby adjusts its specified Transfer request dated 3 July
2014. The cash compensation was determined at EUR 70.66 per no-par-value
bearer share at that time. Deloitte & Touche GmbH
Wirtschaftsprüfungsgesellschaft noted in connection with the update of the
valuation of the company, that the objectified enterprise value of P&I
Personal & Informatik AG was increased by a change of the interest rate
conditions and further capital market parameters in the meantime. Argon
GmbH will make a corresponding request in the shareholders' meeting on 2
September 2014.


Wiesbaden, 1 September 2014

Board of directors

P&I Personal & Informatik AG 
Kreuzberger Ring 56
D-65205 Wiesbaden


01.09.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      P&I Personal & Informatik AG
              Kreuzberger Ring 56
              65205 Wiesbaden
              Germany
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
 
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