Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

11/24/2022
EQS-PVR: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

paragon GmbH & Co. KGaA
Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
24.11.2022 / 18:51 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Mr Ralf Haller, Switzerland informed us on November 23, 2022 pursuant to Art. 43(1) WpHG thereby making reference to the exceedance of the threshold of 10% or a higher threshold from November 11, 2022 , as follows:
 
  • The acquisition of voting rights in paragon GmbH & Co. KGaA was effected by attributing the indirect shareholding in ElectricBrands AG with its registered office in Itzehoe in accordance with Section 34 (1) Sentence 1 No. 1 of the German Securities Trading Act (WpHG). The investment is used to realize trading profits.  No strategic goals are pursued with regard to paragon GmbH & Co. KGaA.
  • The reporting person does not intend to obtain further voting rights by acquisition or any other way.
  • The reporting person does not intend to influence the composition of the issuers' administration, management or supervisory board.
  • The reporting person does not intend to change the capital structure of the company, especially with regards to the ratio of internal/outside financing and the dividend policy.
  • The acquisition of voting rights in paragon GmbH & Co. KGaA was effected by attributing the indirect shareholding in ElectricBrands AG with its registered office in Itzehoe in accordance with Section 34 (1) Sentence 1 No. 1 of the German Securities Trading Act (WpHG). With regard to the acquisition of voting rights of paragon GmbH & Co. KGaA, neither external funds nor own funds were used by the reproting person.

24.11.2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: paragon GmbH & Co. KGaA
Bösendamm 11
33129 Delbrück
Germany
Internet: www.paragon.ag

 
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