paragon GmbH & Co. KGaA, DE0005558696

paragon GmbH & Co.

02.07.2025 - 07:00:03

paragon extends bond buyback program

paragon GmbH & Co. KGaA / Key word(s): Bond/Bond


02.07.2025 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Extension of the stock exchange buyback program until June 30, 2027 Parameters remain unchanged Delbrück, July 2, 2025 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today decided to extend the bond buyback program for its 2017/2027 bonds (ISIN: DE000A2GSB86; WKN: A2GSB8), which was originally scheduled to end on July 5, 2025, until June 30, 2027. The total nominal amount of the buyback program is still up to EUR 18,925,000.00. A nominal amount of EUR 1,292,000 has been repurchased since the last correction of the nominal volume and is already held by paragon GmbH & Co. KGaA. The other parameters of the buyback remain unchanged. The buyback will continue to be carried out by an independent securities service provider. With regard to the purchase price and purchase volume, the latter must observe the ban on market abuse (so-called "safe harbor rules"). As a result, no more than 25% of the average daily turnover (20-day average) in the bonds may be purchased on the stock exchange on any one day. The bond buyback is carried out via the regional stock exchanges in Stuttgart, Frankfurt and Tradegate Exchange. paragon is entitled, but not obliged, to accept purchase offers and can shorten or extend the period. paragon reports on the progress of the bond buyback program on its website (https://paragon.ag) on an ongoing basis. About paragon GmbH & Co. KGaA paragon GmbH & Co. KGaA (ISIN DE0005558696), which is listed on the regulated market (Prime Standard) of Deutsche Börse AG in Frankfurt am Main, develops, produces and sells pioneering solutions in the fields of automotive electronics, body kinematics and electromobility. The portfolio of the market-leading direct supplier to the automotive industry includes innovative air quality management, modern display systems and high-end acoustic systems in the Electronics segment. In the Mechanics segment, paragon develops and produces active mobile aerodynamic systems. In the rapidly growing automotive market for battery systems, paragon's Power division supplies battery management systems and traction batteries. In addition to the company headquarters in Delbrück (North Rhine-Westphalia), paragon GmbH & Co. KGaA and its subsidiaries have sites in Suhl (Thuringia), Landsberg am Lech and Nuremberg (Bavaria), St. Georgen (Baden-Württemberg), Limbach (Saarland) and in Kunshan (China), Detroit (USA), Bengaluru (India) and Oroslavje (Croatia). You can find more information about paragon at www.paragon.ag. Contact capital market paragon GmbH & Co. KGaA Klaus Dieter Frers Bösendamm 11 D-33129 Delbrück Phone: +49 (0) 52 50 - 97 62-100 Fax: +49 (0) 52 50 - 97 62-102 E-Mail: investor@paragon.ag Press contact Brigitte Frers Bösendamm 11 D-33129 Delbrück Phone: +49 (0) 52 50 - 97 62-142 Fax: +49 (0) 52 50 - 97 62-102 E-Mail: info@paragon.ag


02.07.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
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Language: English
Company: paragon GmbH & Co. KGaA
Bösendamm 11
33129 Delbrück
Germany
Phone: +49 (0)5250 9762 - 0
Fax: +49 (0)5250 9762 - 102
E-mail: investor@paragon.ag
Internet: www.paragon.ag
ISIN: DE0005558696, DE000A2GSB86,
WKN: 555869, A2GSB8,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2163522

 
End of News EQS News Service

2163522  02.07.2025 CET/CEST
@ dgap.de