DGAP Voting Rights Announcement: PNE AG 
PNE AG: Release according to Article 40, Section 1 of the WpHG [the German 
Securities Trading Act] with the objective of Europe-wide distribution 
 
2020-12-11 / 16:42 
Dissemination of a Voting Rights Announcement transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Notification of Major Holdings* 
 
*1. Details of issuer* 
+------------------------------+-----------------------------+ 
|Name:                         |PNE AG                       | 
+------------------------------+-----------------------------+ 
|Street:                       |Peter-Henlein-Straße 2-4| 
+------------------------------+-----------------------------+ 
|Postal code:                  |27472                        | 
+------------------------------+-----------------------------+ 
|City:                         |Cuxhaven                     | 
|                              |Germany                      | 
+------------------------------+-----------------------------+ 
|Legal Entity Identifier (LEI):|391200KEHI6OQSGGN373         | 
+------------------------------+-----------------------------+ 
*2. Reason for notification* 
+-+-------------------------------------------------+ 
|X|Acquisition/disposal of shares with voting rights| 
+-+-------------------------------------------------+ 
| |Acquisition/disposal of instruments              | 
+-+-------------------------------------------------+ 
| |Change of breakdown of voting rights             | 
+-+-------------------------------------------------+ 
| |Other reason:                                    | 
+-+-------------------------------------------------+ 
*3. Details of person subject to the notification obligation* 
+------------------------------------------------------------+ 
|Legal entity: Axxion S.A                                    | 
|City of registered office, country: Grevenmacher, Luxembourg| 
+------------------------------------------------------------+ 
*4. Names of shareholder(s)* 
holding directly 3% or more voting rights, if different from 3. 
 
++ 
|| 
++ 
*5. Date on which threshold was crossed or reached:* 
+-----------+ 
|10 Dec 2020| 
+-----------+ 
*6. Total positions* 
+-------------+-----------+-----------+----------+-------------+ 
|             |% of voting|% of voting|  Total of| Total number| 
|             |     rights|     rights| both in %|    of voting| 
|             |attached to|    through|   (7.a. +|       rights| 
|             |     shares|instruments|     7.b.)|  pursuant to| 
|             |  (total of|  (total of|          | Sec. 41 WpHG| 
|             |      7.a.)|    7.b.1 +|          |             | 
|             |           |     7.b.2)|          |             | 
+-------------+-----------+-----------+----------+-------------+ 
|New          |     2.98 %|     0.00 %|    2.98 %|     76603334| 
+-------------+-----------+-----------+----------+-------------+ 
|Previous     |     3.11 %|     0.00 %|    3.11 %|            /| 
|notification |           |           |          |             | 
+-------------+-----------+-----------+----------+-------------+ 
*7. Details on total positions* 
*a. Voting rights attached to shares (Sec. 33, 34 WpHG)* 
+------------+-----------+------------+-----------+------------+ 
|ISIN        |        Absolute        |          In %          | 
+------------+-----------+------------+-----------+------------+ 
|            |     Direct|    Indirect|     Direct|    Indirect| 
|            |   (Sec. 33|    (Sec. 34|   (Sec. 33|    (Sec. 34| 
|            |      WpHG)|       WpHG)|      WpHG)|       WpHG)| 
+------------+-----------+------------+-----------+------------+ 
|DE000A0JBPG2|    2106175|      175000|     2.75 %|      0.23 %| 
+------------+-----------+------------+-----------+------------+ 
|*Total*     |        2281175         |         2.98 %         | 
+------------+-----------+------------+-----------+------------+ 
*b.1. Instruments according to Sec. 38 (1) no. 1 WpHG* 
+---------+---------------+------------+-----------+-----------+ 
|Type of  |Expiration or  |Exercise or |     Voting|     Voting| 
|instrumen|maturity date  |conversion  |     rights|rights in %| 
|t        |               |period      |   absolute|           | 
+---------+---------------+------------+-----------+-----------+ 
|         |               |            |          0|     0.00 %| 
+---------+---------------+------------+-----------+-----------+ 
|         |               |*Total*     |          0|     0.00 %| 
+---------+---------------+------------+-----------+-----------+ 
*b.2. Instruments according to Sec. 38 (1) no. 2 WpHG* 
+-------+------------+-----------+---------+---------+---------+ 
|Type of|Expiration  |Exercise or|Cash or  |   Voting|   Voting| 
|instrum|or maturity |conversion |physical |   rights|rights in| 
|ent    |date        |period     |settlemen| absolute|        %| 
|       |            |           |t        |         |         | 
+-------+------------+-----------+---------+---------+---------+ 
|       |            |           |         |        0|   0.00 %| 
+-------+------------+-----------+---------+---------+---------+ 
|       |            |           |*Total*  |        0|   0.00 %| 
+-------+------------+-----------+---------+---------+---------+ 
*8. Information in relation to the person subject to the notification 
obligation* 
 
+-+------------------------------------------------------------+ 
|X|Person subject to the notification obligation is not        | 
| |controlled nor does it control any other undertaking(s) that| 
| |directly or indirectly hold(s) an interest in the           | 
| |(underlying) issuer (1.).                                   | 
+-+------------------------------------------------------------+ 
| |Full chain of controlled undertakings starting with the     | 
| |ultimate controlling natural person or legal entity:        | 
+-+------------------------------------------------------------+ 
 
+----+-----------------+-----------------+---------------------+ 
|Name|      % of voting|      % of voting| Total of both (if at| 
|    |    rights (if at|   rights through|    least 5% or more)| 
|    |least 3% or more)|  instruments (if|                     | 
|    |                 |   at least 5% or|                     | 
|    |                 |            more)|                     | 
+----+-----------------+-----------------+---------------------+ 
|    |                 |                 |                     | 
+----+-----------------+-----------------+---------------------+ 
*9. In case of proxy voting according to Sec. 34 para. 3 WpHG* 
(only in case of attribution of voting rights in accordance with Sec. 34 
para. 1 sent. 1 No. 6 WpHG) 
 
Date of general meeting: 
Holding total positions after general meeting (6.) after annual general 
meeting: 
 
+------------------------+-----------------------+-------------+ 
|    Proportion of voting|          Proportion of|Total of both| 
|                  rights|            instruments|             | 
+------------------------+-----------------------+-------------+ 
|                       %|                      %|            %| 
+------------------------+-----------------------+-------------+ 
*10. Other explanatory remarks:* 
 
++ 
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Date 
 
+-----------+ 
|11 Dec 2020| 
+-----------+ 
 
2020-12-11 The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  PNE AG 
          Peter-Henlein-Straße 2-4 
          27472 Cuxhaven 
          Germany 
Internet: http://www.pne-ag.com 
 
End of News DGAP News Service 
 
1154733 2020-12-11 
 
 

(END) Dow Jones Newswires

December 11, 2020 10:42 ET (15:42 GMT)