Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

10.01.2018 / 13:50
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name
Title: Dr.
First name: Jürgen
Last name(s): Beck

2. Reason for the notification

a) Position / status
Position: Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name
PAION AG

b) LEI
529900CGHB9UWY40BU45 

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code
Type: Financial instrument linked to a share or a debt instrument
Description: Stock options over shares in PAION AG (ISIN DE000A0B65S3) issued under the Stock Option Plan 2014 (SOP 2014) and the Stock Option Plan 2016 (SOP 2016).

b) Nature of the transaction
Acceptance of a total of 55,500 stock options under the SOP 2014 and 44,500 stock options under the SOP 2016. The exercisability of the stock options depends in particular on the achievement of the performance target and the expiry of the waiting period. Details on the SOP 2014 can be found in the Invitation to the 2014 Annual General Meeting published in the Federal Gazette on 11 April 2014 and details on the SOP 2016 can be found in the invitation to the 2016 Annual General Meeting published in the Federal Gazette on 13 April 2016.
Transaction linked to the exercise of share option programmes

c) Price(s) and volume(s)
Price(s) Volume(s)
0 EUR 0 EUR

d) Aggregated information
Price Aggregated volume
0 EUR 0 EUR

e) Date of the transaction
2018-01-08; UTC+1

f) Place of the transaction
Outside a trading venue


10.01.2018 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: PAION AG
Martinstr. 10-12
52062 Aachen
Germany
Internet: www.paion.com

 
End of News DGAP News Service

39889  10.01.2018