paragon AG Successfully Concludes Capital Increase: Placement of 411,478 New Shares at EUR 32.50 Each

paragon AG  / Key word(s): Capital Increase

05.10.2016 10:32

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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paragon AG Successfully Concludes Capital Increase: Placement of 411,478
New Shares at EUR 32.50 Each

Delbrück, Germany October5, 2016 - Upon completion of the accelerated book-
building process for the cash capital increase resolved on October 4, 2016,
the Management Board of paragon AG (ISIN DE0005558696), with the approval
of the Supervisory Board, has today set the placement price at EUR 32.50
per share. The discount to the closing price of the previous day at the
Frankfurt stock exchange (XETRA) is 3.85 percent. The offering was
oversubscribed three and a half times. In total, 411.478 new shares were
placed with qualified investors and with the majority shareholder and
founder of the company, Klaus Dieter Frers, who sits on the Management
Board.

The capital increase means that the company will receive gross issue
proceeds of EUR 13.37 million, which, following the deduction of issue
costs, are to be used to continue the company's course of growth,
especially in the Electromobility division, and to maintain a solid balance
sheet structure in the long term.

The transaction was supported by Hauck & Aufhaüser as sole global
coordinator and sole bookrunner.

Disclaimer:

THIS PUBLICATION IS A MANDATORY NOTIFICATION ACCORDING TO ARTICLE 17 MAR.
IT IS FOR INFORMATIONAL PURPOSES ONLY AND CONSTITUTES NEITHER AN OFFER TO
SELL NOR AN INVITATION TO TREAT NOR AN INVITATION TO SUBSCRIBE TO SHARES OR
OTHER SECURITIES OF PARAGON AG. A PUBLIC OFFERING OF SECURITIES IS NOT
TAKING PLACE AND IS NOT INTENDED.

THIS PUBLICATION AND THE INFORMATION CONTAINED HEREIN ARE NOT INTENDED FOR
DIRECT OR INDIRECT DISCLOSURE OR PUBLICATION IN THE UNITED STATES OF
AMERICA, CANADA, AUSTRALIA, OR JAPAN. THE PARAGON AG SECURITIES DESCRIBED
HEREIN ARE NOT AND WILL NOT BE REGISTERED PURSUANT TO THE APPLICABLE
VERSION OF THE U.S. SECURITIES ACT OF 1933 ("SECURITIES ACT") OR THE LAWS
OF A U.S. STATE AND MAY ONLY BE SOLD OR OFFERED FOR SALE IN THE UNITED
STATES OF AMERICA ON THE BASIS OF AN EXEMPTION FROM THE REGISTRATION
REQUIREMENT SET OUT IN THE SECURITIES ACT OR THE LAWS OF A U.S. STATE OR IN
THE EVENT OF SUCH REGULATIONS BEING NON-APPLICABLE. THERE WILL BE NO PUBLIC
OFFERING OF SECURITIES IN THE UNITED STATES OF AMERICA.

Further information is available at www.paragon.ag/en/investors.

Company Profile

Listed in the regulated market (Prime Standard) of Deutsche Börse AG in
Frankfurt am Main, paragon AG (ISIN DE0005558696) develops, produces, and
sells innovative automotive electronics solutions. The portfolio of this
direct supplier to the automotive industry includes products in the
business segments of Sensors, Acoustics, Cockpit, E-mobility and Body
Kinematics. In addition to its headquarters in Delbrück (North Rhine-
Westphalia), paragon AG and its subsidiaries have locations in Suhl
(Thuringia), Nuremberg (Bavaria), St. Georgen (Baden-Württemberg), and
Bexbach (Saarland), as well as in Kunshan (China) and Austin (Texas, USA).

Financial Press Contact & Investor Relations

paragon AG
Dr. Kai Holtmann
Artegastraße 1
D-33129 Delbrück
Phone: +49 (0) 52 50 - 97 62-140
Fax: +49 (0) 52 50 - 97 62-63
E-Mail: kai.holtmann@paragon.ag


05.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      paragon AG
              Schwalbenweg 29
              33129 Delbrück
              Germany
Phone:        +49 (0)5250 97 62 - 0
Fax:          +49 (0)5250 97 62 - 60
E-mail:       investor@paragon.ag
Internet:     www.paragon.ag
ISIN:         DE0005558696, DE000A1TND93
WKN:          555869, A1TND9
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart, Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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