EANS-Voting Rights: Balda Aktiengesellschaft / Release according to article 26, section 1 WpHG (Securities Trading Act) with the

PR Newswire/euro adhoc/
EANS-Voting Rights: Balda Aktiengesellschaft / Release according to article 26,
section 1 WpHG (Securities Trading Act) with the aim of Europe-wide distribution
Notification of voting rights transmitted by euro adhoc. The issuer is responsible for the content of this announcement. 
Announcement according to Article 27a, Section 1 of the WpHG (qualifying
Balda Aktiengesellschaft: Release of a notification pursuant to Sec. 27a para.
2 WpHG with the objective of Europe-wide distribution 
On 29 January 2013, Dr. Thomas van Aubel, Germany, informed us pursuant
to Sec. 27a para. 1 WpHG on behalf of Elector GmbH, Berlin, Germany, and also
in his own name by reference to their notifications pursuant to Sec. 21 para.
1, Sec. 22 WpHG dated 3 January 2013 as follows: 
"1.   Objective of the Investment 
It is not intended to make trading profits from the investment. Elector 

    GmbH intends to implement strategic goals and has a long-term perspective.

2.    Intended Acquisition of additional Shares
    Elector GmbH is willing and able to acquire additional shares in Balda AG
    within the next twelve months, up to a total shareholding of 29.99% of the
    share capital of the company. Since the notification of January 3rd, 2013
    Elector GmbH purchased 360,000 additional shares in Balda, thereby
    increasing its share to 27.26% (16,055,308 of 58,890,636 voting shares).
    Elector does not intend to obtain a share of 30% or above.

3.    Composition of Management and Supervisory Boards of the Company
    Elector GmbH is the largest shareholder in Balda AG and the only strategic
    shareholder. In this capacity, Elector aims to be appropriately represented
    on Balda's Supervisory Board. Elector will support the election of its
    owner and Managing Director, Thomas van Aubel, to Balda's Supervisory
    Board. Elector will also support a motion to structure Balda's Supervisory
    Board in compliance with the German Corporate Governance Code by electing a
    ?Financial Expert" with experience in the fields of accounting and
    auditing. In order to achieve these changes, Elector GmbH will in
    particular use its voting rights to demand and support the removal of the
    Chairman of the Supervisory Board, Dr. Michael Naschke, in an extraordinary
    General Meeting to be convened at short notice.
    Regarding the composition of the Management Board, Elector GmbH does not
    intend to replace the current CEO, Mr Dominik Müser. However, Elector GmbH
    may consider supporting the appointment of an additional member to the
    management board.

4.    Intended Changes in the Capital Structure of the Company, in particular
    regarding the Relation of Debt to Equity and the Dividend Policy
    Elector GmbH will support the following measures:
    a.     Short-term sale of the remaining shares in TPK, Taiwan;
    b.     Sale of the remaining, loss-making production site in Malaysia;
    c.     Short-term, special distribution of approx. Euro 54 million to the
    d.     In the middle and long term, regular and stable distributions.

5.    Origin of Funds
    The funds employed by Elector GmbH to finance the acquisition of the shares
    are composed of 97.75% own funds and of 2.25% debt."

Further inquiry note:
Thilo M. Tern

CAT Consultants GmbH & Co.
Ferdinandstraße 6
20095 Hamburg
Telefon: +49 (0) 40 303744-70
E-Mail: thilo.tern@cat-consultants.de

issuer:      Balda Aktiengesellschaft
             Bergkirchener Str.  228 

         D-32549 Bad Oeynhausen
phone:       +49 (0) 5734 9 22-0
FAX:         +49 (0) 5734  922-2604
mail:        info@balda.de
WWW:         http://www.balda.de
sector:      Semiconductors & active components
ISIN:        DE0005215107
indexes:     SDAX, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, 
         regulated dealing/prime standard: Frankfurt 
language:   English 
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-0- Feb/01/2013 12:01 GMT
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