Release of a voting rights notification pursuant to Sec 26, para 1 WpHG (German Securities Trading Act) with the aim of a Europe
04 November 2008 - 3:22AM
UK Regulatory
Person/company obliged to make the notification:
Name: Avlar BioVentures Limited
Place: Madingley, Cambridge
State: England, United Kingdom
Name: Avlar BioVentures Fund II Limited Partnership
Place: Madingley, Cambridge
State: England, United Kingdom
Name: Advanced Technology Management Limited
Place: Huntingdon, Cambridgeshire
State: England, United Kingdom
Name: Avlar BioVentures Scottish GP Limited
Place: Edinburgh
State: Scotland, United Kingdom
Name: Avlar BioVentures Scottish Limited Partnership
Place: Edinburgh
State: Scotland, United Kingdom
Information on Issuer:
Name: PAION AG
Address: Martinstr. 10-12, 52062 Aachen
Place: Aachen
State: Germany
Voting rights notification:
Pursuant to Sec. 21 para. 1 WpHG we have been notified on 30 October 2008
* by Avlar BioVentures Limited that their proportional share in the voting rights of our company on 30 June 2008 passed
the threshold of 3 % and as of such day amounts to 3.57 % (878,311 voting rights). Thereof, 3.49 % (857,873 voting
rights) are attributed to them pursuant to Sec. 22 para. 1 sentence 1 no. 2 and sentence 2 WpHG and Sec. 22 para. 1
sentence 1 no. 6 WpHG and 0.08 % (20,438 voting rights) are attributed to them pursuant to Sec. 22 para. 1 sentence 1
no. 2 WpHG.* by Avlar BioVentures Fund II Limited Partnership that their proportional share in the voting rights of our
company on 30 June 2008 passed the threshold of 3 % and as of such day amounts to 3.49 % (857,873 voting rights).
Thereof, 3.49 % (857,873 voting rights) are attributed to them pursuant to Sec. 22 para. 1 sentence 1 no. 2 WpHG.* by
Advanced Technology Management Limited that their proportional share in the voting rights of our company on 30 June 2008
passed the threshold of 3 % and as of such day amounts to 3.71 % (912,309 voting rights). Thereof, 3.49 % (857,873
voting rights) are attributed to them pursuant to Sec. 22 para. 1 sentence 1 no. 2 and sentence 2 WpHG and 0.22 %
(54,436 voting rights) are attributed to them pursuant to Sec. 22 para. 1 sentence 1 no. 2 WpHG.* by Avlar BioVentures
Scottish GP Limited that their proportional share in the voting rights of our company on 30 June 2008 passed the
threshold of 3 % and as of such day amounts to 3.49 % (857,873 voting rights). Thereof, 3.49 % (857,873 voting rights)
are attributed to them pursuant to Sec. 22 para. 1 sentence 1 no. 2 and sentence 2 WpHG.* by Avlar BioVentures Scottish
Limited Partnership that their proportional share in the voting rights of our company on 30 June 2008 passed the
threshold of 3 % and as of such day amounts to 3.49 % (857,873 voting rights). Thereof, 3.49 % (857,873 voting rights)
are attributed to them pursuant to Sec. 22 para. 1 sentence 1 no. 2 and sentence 2 WpHG. Aachen, 3 November 2008
PAION AG
The Management Board
Contacts:
Dr. Peer Nils Schr�der
Director of Corporate Communications & Investor Relations
Phone: +49 241 4453-152
E-mail: pn.schroeder@paion.com
www.paion.com
or
Teathers Limited
Nomad and broker (AIM)
Shaun Dobson/Claes Sp�ng
Phone +44 20 7426 9000
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