EQS-Adhoc: PIERER Mobility AG appoints Citigroup Global Markets Europe AG to reorganize its ownership structure

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EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Strategic Company Decision
PIERER Mobility AG appoints Citigroup Global Markets Europe AG to reorganize its ownership structure

17-Dec-2024 / 21:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 (MAR)

Ad hoc announcement pursuant to Art. 53 LR

Wels, 17 December 2024

 

PIERER Mobility AG appoints Citigroup Global Markets Europe AG to reorganize its ownership structure

 

PIERER Mobility AG is currently in talks with potential strategic and financial investors. These include both existing partners as well as new strategic and financial investors.

 

Citigroup Global Markets Europe AG was appointed today to support this process in a structured, transparent and efficient manner in the interest of all stakeholders.

 

The objective of the investment process is to have investors subscribe to a necessary cash capital increase or financial instruments of PIERER Mobility AG. These funds will be used to strengthen the PIERER Mobility Group, in particular KTM AG.

 

In order to finalize the structured investor process, it will be necessary to convene a shareholders' meeting in due course to pass the relevant resolutions.

 

Legal disclaimer

 

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OF PIERER MOBILITY AG. IT IS NOT FOR DISTRIBUTION, TRANSMISSION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

 

Contact:

Investor Relations

Hans Lang & Melinda Busáné-Bellér

Tel: +43 676 4140945 or +43 676 4093711

Email: ir@pierermobility.com

Website: www.pierermobility.com

 

ISIN: AT0000KTMI02; Swiss Valor Number (Switzerland): 41860974; Ticker Symbol: PKTM; Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S; PKTM.VI



End of Inside Information

17-Dec-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com


Language: English
Company: PIERER Mobility AG
Edisonstrasse 1
4600 Wels
Austria
Phone: +43 (0) 7242 69 402
E-mail: ir@pierermobility.com
Internet: www.pierermobility.com
ISIN: AT0000KTMI02
WKN: A2JKHY
Listed: SIX, Vienna Stock Exchange
EQS News ID: 2053301

Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI
 
End of Announcement EQS News Service

2053301  17-Dec-2024 CET/CEST

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