DGAP-News: PAION REPORTS FULL CONVERSION OF CONVERTIBLE NOTES

Aachen (Germany), 08 July 2020 - The specialty pharmaceutical company PAION AG (ISIN DE000A0B65S3; Frankfurt Stock Exchange Prime Standard: PA8) today announces that the EUR 5 million convertible notes issued to Yorkville Advisors Global, LP (Yorkville) in September 2019 have been converted into a total of 2,363,350 PAION shares.