Yesterday evening, B.R.A.I.N. Biotechnology Research and Information Network AG (“BRAIN AG”, ISIN DE0005203947 / WKN 520394) was informed that after the end of the one-year lock-up period, MIG Fonds, as existing shareholders of the company, sold its entire stake of 2,528,389 shares to more than 20 institutional investors. The placement took place outside the stock market as part of an accelerated book-building process. The transaction, which was oversubscribed several times, was accompanied by ODDO SEYDLER BANK AG and Baader Bank AG. The free float of BRAIN shares increased from 22% to 37%.