DGAP-CMS: Ahlers AG: Release according to Article 50 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Ahlers AG: Publication pursuant to Section 50 Para. 1 Sentence 1 No. 1 of the German Securities Trading Act (WpHG) with the aim of Europe-wide distribution

Ahlers AG / Change of rights attached to securities

On April 24, 2018, the Annual Shareholders' Meeting and the separate meeting of preference shareholders of Ahlers AG Herford, resolved to convert the bearer shares into registered shares, to convert the preferred shares into common shares, to convert the registered common shares with transfer restrictions into common shares without transfer restrictions, to abolish the right to appoint Supervisory Board members attached to the registered common shares as well as to amend the statutes accordingly. The corresponding amendments to the statutes were entered in the Commercial Register of the district court of Bad Oeynhausen (HRB 6541) on June 29, 2018 and became effective as of that date.

With the entry of the amended statutes in the Commercial Register, the former bearer shares of the company were converted into registered shares and the non-voting preferred shares were converted into registered common shares which no longer have a preferential entitlement to profit. Moreover, the right of the holders of the 500 non-listed registered shares with transfer restrictions to appoint a shareholder representative to the Supervisory Board and the transfer restrictions of the former registered shares were abolished as a result of the entry in the Commercial Register. The full wording of the amendments to the statutes was stated under agenda item 7 in the invitation to the Annual Shareholders' Meeting, which was published in the Federal Gazette on March 7, 2018.

The share capital of the company still amounts to EUR 43,200,000.00 and is now divided into 13,681,520 registered common shares. Each common share has the same share in the company's share capital; the conversion of the nonvoting preferred shares into voting common shares has not changed each shareholder's respective share in the company's share capital.

The conversion of the bearer shares into registered shares and the conversion of the preferred shares into common shares entail a change of the stock exchange listing. For this purpose, the bearer shares of the company held in custody by financial institutions will be changed into registered common shares of the company at a ratio of 1:1. Starting July 4, 2018, the shares will be booked as registered shares under the new ISIN DE0005009740. The transfer of the preferred bearer shares and the change of the common bearer shares will exclusively take place by way of collective custody, which means that shareholders are not required to take any action.

At the request of the company, all 6,081,206 registered common shares resulting from the conversion of the 6,081,206 common bearer shares are to be admitted to the regulated market with simultaneous admission to the regulated market sub-segment with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange as well as to the regulated market of the Düsseldorf Stock Exchange on June 29, 2018. In addition, the previously non-admitted and non-listed bearer shares with transfer restrictions will also be included in the listing. The conversion of the preferred shares will not change the listing of the existing common shares.

Herford, June 29, 2018

The Management Board

Ahlers AG
Elverdisser Str. 313
32052 Herford