1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Burkhard Flüss
2	Reason for the notification
a)	Position/status	financial advisor
b)	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	B-A-L Germany AG
b)	LEI	894500Y88Z4XUSAU1B63
4	Details of the transaction(s)
a)	Description of the financial instrument, type of instrument	Share
	Identification code	DE000A2NBN90
b)	Nature of the transaction	Purchase of shares
c)	Price(s)	Volume(s)
	1.40	15,000
	1.44	17,000
	1.45	8,000
d)	Aggregated price	Aggregated volume
	1.44	40,000
e)	Date of the transaction	29.01.2021 UTC+1
f)	Place of the transaction	Stuttgart stock exchange
	MIC	XSTU

(end)

Emitter:	B-A-L Germany AG Poststraße 5 01662 Meißen Germany
Contact Person:	Falko Zschunke
Phone:	+49 3521 459 6539
E-Mail:	f@bal-ag.de
Website:	www.bal-ag.de
ISIN(s):	DE000A2NBN90 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Vienna MTF)
Other Stock Exchanges:	Freiverkehr in Stuttgart

B-A-L Germany AG: Managers' transactions announcement according to article 19 MAR