DGAP-Adhoc: Balda AG: Advisory Board passed a resolution to put forward a conterclaim against former Managing Boardmember

24.09.2014

Balda AG / Key word(s): Legal Matter

24.09.2014 16:04

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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At its meeting today, the Supervisory Board of Balda AG has passed a

resolution to put forward a counterclaim in the proceedings relating to the

salary payments claimed by former Management Board member Mr. Dominik Müser

arising from his Management Board service agreement that was terminated.

The subject matter of the counterclaim are the company’s loss compensation

receivables of around EUR 1.8 million due to serious infringements of duty

by the Management Board in 2013. The company is currently unable to provide

any further information due to the ongoing legal dispute, and given the

further development of the proceedings.

Contact:

Daniela Münster

Deekeling Arndt Advisors

Phone: +49 (0) 69 97098 511

Mail: daniela.muenster@deekeling-arndt.de

24.09.2014 The DGAP Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen

Germany

Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service

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