P&I Shares

IT & human resource management = P&I

In the face of increasing globalisation, human capital has long since become a decisive competitive factor. Employees with ever better qualifications are needed. Simultaneously, there is a growing need for ever more qualified personnel software. The increasing demand for personnel software is developing hand in hand with generally favourable conditions for the software market. The future of human resource management lies in solutions that can be implemented to perform all tasks throughout Europe and in any sector of industry. Potential that was identified at an early stage and is being successfully exploited by P&I Personal & Informatik AG.

First mover

P&I shares were the first human resource management IT shares, giving them the advantage of being the first mover in a segment that is growing exponentially (human resource management currently accounts for 7% of the entire IT market). As a provider of complete human resource management software solutions, P&I is excellently positioned in the sector and benefits from co-operating with prestigious partners, such as Oracle or J.D. Edwards.

Outlook & prospects

As technology leader in Germany, P&I occupies an extremely favourable position and has managed to secure special status with its innovative software solutions in the client/server field. Success in the market has a name: the LOGAÒ product family, which was enhanced in 2002 by the internet-based staff and management portal ERM (= Employee Relationship Management).

General information
Stock exchange code	PUI
Reuters code	PUIG.F
SCN	691340
SEDOL	5714975
ISIN	DE0006913403
STAMM	009910883
Agent	Close Brothers Seydler Bank AG (Frankfurt)
Type of shares	no par value bearer shares
Stock exchange segment	Prime Standard on the Frankfurt stock exchange
Sector	Software
Index	Prime All Shares

Share capital
Shares issued	7.7 million unit shares
Share capital	Euro 7.7 million
Shareholder structure	75.03 % Argon GmbH & Co. KG (Carlyle Group), Germany
Structural changes	Sale of the majority stake (61.04%) by Egbert K. & Ingeborg E. Becker on 04.08.2004 The reallocation of the majority of shares (66.64%) by Carlyle on August 23, 2007

Public offering
Placement	3.0 million shares without subscription restrictions
Over-subscription	13.5-fold
Syndicate	Deutsche Bank AG, SGZ-Bank AG, Commerzbank AG
Lead manager	Deutsche Bank AG
First day of trading	7 July 1999

Company
Established	1993, converted into an AG (stock corporation) on 1 April 1998
Registered office	Wiesbaden
Management Board	Vasilios Triadis (CEO), Dr. Erik Massmann
Supervisory Board	Thomas Volk (Chairman), Michael Wand (Deputy Chairman), Dr. Thorsten Dippel