DGAP-News: Balda AG

DGAP-News: Balda AG: Balda AG becomes Clere AG

DGAP-News: Balda AG / Key word(s): Miscellaneous Balda AG: Balda AG becomes Clere AG

08.04.2016 / 14:43 The issuer is solely responsible for the content of this announcement.

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* New corporate name and new business purpose as well as capital reduction and share consolidation at a 10:1 have become effective.

* Pay-out of released capital in the amount of 9.00 EUR per new (consolidated) share expected in six to seven months time.

* "New Clere AG is starting to take shape", says Managing Director Oliver Oechsle.

Bad Oeynhausen, 8th April 2016 - Following the successful sales of he op-erating business to the Italian Stevanato Group, Balda AG is now taking the next steps towards re-orientation.

As the General Meeting decided with a great majority on 29 January 2016, Balda AG will from now on operate under the name Clere AG and focus on investments and participations in the field of environmental and energy technology, asset management and medium-sized business partic-ipations. The new name and the changed business purpose were entered into the Commercial Register and have thus become effective. The com-pany is represented on the Internet from now on under www.clere.de. The website offers information about the new strategic and operational orientation.

Also the capital reduction adopted by the General Meeting on 29 was en-tered into the Commercial Register. Following complete capital market share conversion, the shares of Clere AG will in future be designated A2AA40 (securities identification number and DE00A2AA402 (ISIN). The conversion will probably take place still in April this year, and the respec-tive details will then be published in the securities notifications. As a con-sequence of the capital reduction due to share consolidation at a 10:1 ratio, the number of shares is reduced from ca. 59 million (old shares) to ca. 5.9 million (new shares). The payout of 0.90 EUR per old

share is expected after expiry of the statutory waiting periods in about six to seven months. This equates a pay-out of 9.00 EUR per new share. The exact date of the pay-out shall be announced in due time.

"Based on these measures, the new Clere AG is taking shape and the business is gaining momentum", states Oliver Oechsle, sole director of Clere AG.

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08.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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: ir@balda-group.com Internet: www.balda-group.com ISIN: DE0005215107 WKN: 521510 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------

452685 08.04.2016