1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mr Peter Boder
2	Reason for the notification
a)	Position/status	Member of the managing body
b)	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	United Labels AG
b)	LEI	5299000WCG41FM5SV917
4	Details of the transaction(s)
a)	Description of the financial instrument, type of instrument	Share
	Identification code	DE0005489561
b)	Nature of the transaction	Sale
c)	Price(s)	Volume(s)
	4.9715 EUR	120,454.47 EUR
d)	Aggregated price	Aggregated volume
	4.9715 EUR	120,454.47 EUR
e)	Date of the transaction	11.06.2018 UTC+2
f)	Place of the transaction	XETRA

(end)

Emitter:	United Labels AG Gildenstraße 6 48157 Münster Germany
Contact Person:	Peter Boder, CEO
Phone:	+49 251 3221-405
E-Mail:	investorrelations@unitedlabels.com
Website:	www.unitedlabels.com
ISIN(s):	DE0005489561 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt, Free Market in Berlin, Free Market in Dusseldorf, Free Market in Hamburg, Free Market in Munich, Free Market in Stuttgart, Open Market in Tradegate

United Labels AG: Managers' transactions announcement according to article 19 MAR