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: [phone]
Fax: [phone]
E-mail: [e-mail]
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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