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EQS-News: paragon GmbH & Co. KGaA / Key word(s): Miscellaneous
paragon founder bundles shares in family holding
2024-01-26 / 15:24 CET/CEST
The issuer is solely responsible for the content of this announcement.
paragon founder bundles shares in family holding
. Klaus Dieter Frers has transferred his 49.3% share package in paragon GmbH & Co. KGaA to Frers Family
Office GmbH
. Wife Brigitte Frers has also contributed her paragon shares
. Frers Family Office GmbH is now the largest shareholder of paragon GmbH & Co. KGaA
. BaFin has exempted Frers Family Office GmbH from the mandatory offer

Delbrück, January 26, 2024 - The founder of paragon GmbH & Co. KGaA [ISIN DE0005558696], Klaus Dieter Frers, has
informed the company that both he and his wife have transferred all paragon shares they own to Frers Family Office
GmbH. With a stake of 50%+1 share, this company is now the largest shareholder of paragon GmbH & Co. KGaA.

According to Klaus Dieter Frers, Managing Director of the general partner of paragon GmbH & Co. KGaA, paragon GmbH, the
bundling had been planned for some time, but could only be implemented after the repurchase of a block of shares last
year. Mr. Klaus Dieter Frers holds approximately 98.6% of the shares in Frers Family Office GmbH, which is based in
Delbrück. The remaining shares are held by his wife Brigitte. Klaus Dieter Frers is also Managing Director of the
company, which functions as a family holding company.

"Basically, this step does not change the shareholder structure. This also ensures continuity for paragon," explained
Klaus Dieter Frers in response to questions from the capital market.
The Federal Financial Supervisory Authority (BaFin) has approved the application for voting rights not to be taken into
account in accordance with Section 36 No. 3 WpÜG. Frers Family Office GmbH is therefore exempt from making a mandatory
offer.

About paragon GmbH & Co. KGaA
Listed on the Regulated Market (Prime Standard) of Deutsche Börse AG in Frankfurt a.M., paragon GmbH & Co. KGaA (ISIN
DE0005558696) develops, produces and distributes pioneering solutions in the fields of automotive electronics, body
kinematics and electromobility. The portfolio of the market-leading direct supplier to the automotive industry includes
innovative air quality management, modern display systems and connectivity solutions, as well as high-end acoustic
systems in the electronics segment. In the mechanics segment, paragon develops and produces active mobile aerodynamic
systems. In the fast-growing automotive market for battery systems, paragon's Power business unit supplies battery
management systems and traction batteries.
In addition to its headquarters in Delbrück (North Rhine-Westphalia), paragon GmbH & Co. KGaA and its subsidiaries have
sites in Suhl (Thuringia), Landsberg am Lech and Nuremberg (Bavaria), St. Georgen (Baden-Württemberg) and Limbach
(Saarland) as well as in Kunshan (China), Dover (USA), Bengaluru (India) and Oroslavje (Croatia).
For more information on paragon, visit www.paragon.ag.


Capital Market & Press Contact
paragon GmbH & Co. KGaA
Dr. Martin Esser
Bösendamm 11
33129 Delbrück, Germany
Phone: +49 (0) 52 50 - 97 62-200
Fax: +49 (0) 52 50 - 97 62-102
Email: investor@paragon.ag


2024-01-26 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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

Phone:        +49 (0)5250 9762 - 0 
Fax:          +49 (0)5250 9762 - 102 
E-mail:       investor@paragon.ag 
Internet:     www.paragon.ag 
ISIN:         DE0005558696, DE000A2GSB86, 
WKN:          555869, A2GSB8, 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1824257

End of News EQS News Service
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1824257 2024-01-26 CET/CEST

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END) Dow Jones Newswires

January 26, 2024 09:24 ET (14:24 GMT)