DGAP-Ad hoc: elexxion AG

elexxion AG: Increase in Shareholding of Major Shareholder / Modification term of the Appointment of Management Board Member Martin Werner Klarenaar

Singen, September 1, 2017 - Shanghai based Tian Ying Medical Instrument Co., Ltd., currently holding approximately 55 percent of elexxion AG's share capital, has announced that it has acquired a further 30 percent stake in the company's capital stock from Mr. Peter Greither. As part of the increase in the shareholding, Tian Ying has already confirmed a further investment totaling around EUR 430,000 to elexxion AG.

The transaction is still subject to regulatory approval in China. This further restructuring of the shareholder circle is intended to advance the growth of elexxion AG. In the course of this process, the Company and the Board of Directors agreed to modify the term of appointment of the sole board member, Mr. Martin Werner Klarenaar. The term of appointment shall terminate on 31 December 2019.

The company also informs that the new date for the Annual General Meeting will be announced after the balance sheet meeting of the Supervisory Board in mid-September 2017.

Contact:
elexxion AG
Martin Klarenaar
Management Board
Otto-Hahn-Strasse 7
78224 Singen
Germany
phone: +49 (0) 7731-90733-0
email: klarenaar@elexxion.com