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DGAP-Adhoc: paragon AG Resolves to Issue New Bond

| Quelle: Dow Jones Newswire Web
===

DGAP-Ad-hoc: paragon AG / Key word(s): Financing
paragon AG Resolves to Issue New Bond

19-Jun-2017 / 08:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

*paragon AG Resolves to Issue New Bond*

*Delbrück, June 19, 2017* - The Management Board of paragon AG ("*Issuer*")
has today decided to offer a new bond with a nominal value of EUR 1,000 per
bond (ISIN: DE000A2GSB86) ("*Bond*") by way of a public offer and a private
placement ("*Offer*"). The target volume of the Bond is EUR 40 million. The
term is expected to begin on July 5, 2017. The redemption date will be July
5, 2022.

The Offer will be made on the basis of a securities prospectus
("*Prospectus*"), which is expected to be approved today by the Luxembourg
Financial Supervisory Authority (CSSF); notification will subsequently be
made to the Federal Financial Supervisory Authority of Germany (BaFin). The
Offer consists of the following:

i. A public offer by the Issuer in the Federal Republic of Germany and the
Grand Duchy of Luxembourg via the DirectPlace subscription functionality of
the Frankfurt Stock Exchange ("*Public Offer*")

ii. A private placement by Bankhaus Lampe KG (as sole global coordinator)
and Hauck & Aufhäuser Privatbankiers Aktiengesellschaft (who together will
act as joint bookrunners) to qualified investors as well as to other
investors in accordance with the applicable exemption provisions for private
placements

The offer period for the Public Offer is expected to begin on June 27, 2017,
and is expected to end on June 29, 2017 (2 pm CEST) (right to early closure
reserved). A margin of interest will be set and published before the start
of the planned offering period. The nominal interest rate and the total
nominal amount of the planned Bond will be determined and reported
separately after the end of the planned offering period (presumably June 29,
2017).

The Offer is subject to the condition that bonds with a minimum total
nominal value of EUR 20 million be placed. The inclusion of the Bond in
trading on the open market of the Frankfurt Stock Exchange in Deutsche Börse
AG's Scale segment for corporate bonds will take place on the issue date,
which is expected to be July 5, 2017 (subject to trading on terms of issue
before the issue date).

Once approved, the Prospectus can be viewed and downloaded on the website of
the Issuer (www.paragon.ag/Anleihe), the Frankfurt Stock Exchange
(www.boerse-frankfurt.de) and the Luxembourg Stock Exchange (www.bourse.lu).

*Disclaimer:*
This publication is for informational purposes only and constitutes neither
an offer to sell nor an invitation to treat nor an invitation to subscribe
to securities. The securities that are the subject of this publication will
be offered by the Issuer exclusively in the Federal Republic of Germany and
the Grand Duchy of Luxembourg by way of a public offer. No public offer will
be made outside the Federal Republic of Germany and the Grand Duchy of
Luxembourg. In particular, the securities have not been and will not be
registered pursuant to the U.S. Securities Act of 1933 in its respective
current version ("*Securities Act*") and may not be offered or sold in the
United States of America without prior registration under the Securities
Act. The securities also will not qualify for an exemption from registration
pursuant to the Securities Act. _The company does not intend to register any
portion of the offering in the United States or to conduct a public offering
of the securities in the United States._

This publication does not constitute a prospectus. The Offer will be made
exclusively on the basis of the Prospectus approved by the Luxembourg
Financial Supervisory Authority (CSSF), notified to the Federal Financial
Supervisory Authority of Germany (BaFin) and published before the start of
the Offer. An investment decision regarding the securities mentioned in this
publication should be made exclusively on the basis of the approved
securities prospectus. The securities prospectus will be able to be viewed
and downloaded after publication on the Issuer's website at www.paragon.ag
in the Investors/Bonds section.

_This publication is not intended for distribution, transmission or
publication, either directly or indirectly, in whole or in part, in the
United States of America, Canada, Australia and Japan nor in countries where
the dissemination of this publication is unlawful._

Further information is available at www.paragon.ag/en/investors.

*Company Profile*

paragon AG (ISIN DE0005558696), which is listed in the regulated market
(Prime Standard) of the Frankfurt Stock Exchange, develops, produces and
distributes products and systems in the field of automotive electronics,
emobility and body kinematics. As a direct supplier to the automotive
industry, the company's portfolio includes the Electronics operating
segment's innovative air-quality management, state-of-the-art display
systems and connectivity solutions, and high-end acoustic systems. With the
Voltabox subsidiaries, the Group is also active in the rapidly growing
Electromobility operating segment with its own lithium-ion battery systems
developed inhouse. In the Mechanics operating segment, paragon develops,
produces and distributes adjustable body components such as adaptively
extendable spoilers. paragon AG and its predecessors look back on almost 30
years of company history. In addition to the company headquarters in
Delbrück (North Rhine-Westphalia, Germany), paragon AG and its subsidiaries
operate sites in Suhl (Thuringia, Germany), Nuremberg (Bavaria, Germany),
St. Georgen (Baden-Württemberg, Germany) and Bexbach (Saarland, Germany) as
well as in Kunshan (China) and Austin, Texas (USA).

*Financial Press & Investor Relations Contact *

*paragon AG *

Dr. Kai Holtmann
Artegastrasse 1
33129 Delbrück, Germany
Phone: +49 (0) 52 50 - 97 62-140
Fax: +49 (0) 52 50 - 97 62-63
Email: kai.holtmann@paragon.ag

19-Jun-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: paragon AG
Schwalbenweg 29
33129 Delbrück
Germany
Phone: +49 (0)5250 97 62 - 0
Fax: +49 (0)5250 97 62 - 60
E-mail: investor@paragon.ag
Internet: www.paragon.ag
ISIN: DE0005558696, DE000A1TND93
WKN: 555869, A1TND9
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

583885 19-Jun-2017 CET/CEST


===
(END) Dow Jones Newswires

June 19, 2017 02:50 ET (06:50 GMT)

PARAGON AG

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