P&I Personal & Informatik AG / Key word(s): Squeeze Out/Delisting 05.05.2014 19:31 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Argon GmbH with its seat in Frankfurt am Main today submitted to P&I Personal & Informatik AG (ISIN DE0006913403) the formal request pursuant to section 327a para. 1 sentence 1 German Stock Corporation Act (Aktiengesetz, AktG) to take all necessary measures in preparation of the resolution of the shareholders' meeting of P&I Personal & Informatik AG regarding the transfer of the shares of the remaining shareholders (minority shareholders) to Argon GmbH as the main shareholder in return for payment of an adequate cash consideration (so-called stock corporation law squeeze-out). Argon GmbH holds more than 95 percent of the registered share capital of P&I Personal & Informatik AG and is therefore the main shareholder of P&I Personal & Informatik AG within the meaning of section 327a para. 1 sentence 1 AktG. The transfer resolution will likely be passed at the next annual general meeting of P&I Personal & Informatik AG. 05.05.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: P&I Personal & Informatik AG Kreuzberger Ring 56 65205 Wiesbaden Germany Phone: +49 (0) 611 7147-0 Fax: +49 (0) 611 7147-125 E-mail: [email protected] Internet: www.pi-ag.com ISIN: DE0006913403 WKN: 691340 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------