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P&I Personal & Informatik AG

EANS-Adhoc: Argon GmbH & Co. KG increases stake in P&I Personal & Informatik AG to a total of 75.03 % and intends to enter into domination and profit and loss transfer agreement

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
07.12.2010
The Management Board of P&I Personal & Informatik AG ("P&I AG") has 
been informed today by Argon GmbH & Co. KG ("Argon") that Argon as of
today holds 5,776,944 shares in P&I AG and thus holds a stake in P&I 
AG of 75.03 % in total. In addition, Argon has informed the 
Management Board of P&I AG today of its intention to enter into a 
Domination and Profit and Loss Transfer Agreement (Beherrschungs- und
Gewinnabführungsvertrag) pursuant to Section 291 para. 1 German Stock
Corporation Act (Aktiengesetz, AktG) with Argon as dominating company
and P&I AG as dependent company. The envisaged enterprise agreement 
is subject to the consent of the general meeting of P&I AG. Argon has
proposed to hold an extraordinary general meeting of P&I AG in March 
2011 for this purpose. The Management Board will consider this 
proposal.
end of announcement                               euro adhoc

Further inquiry note:

Andreas Granderath
+49 (0)611 7147-267
agranderath@pi-ag.com

Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade

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