Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company Manz AG:

Markings in the chart show rating changes by Warburg Research GmbH in the last 12 months. Every marking details the date and closing price on the day of the rating change.

Date	Recommendation	Target Price	Close Price	Analyst
29.03.2019	Buy	38.00 EUR	24.20 EUR	Robert-Jan van der Horst, Malte Schaumann