EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Strategic Company Decision Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014 (MAR) Ad hoc announcement pursuant to Art. 53 LR
Wels, May 22, 2025
PIERER Mobility AG: Pierer and Bajaj enter into call option agreement that enables a future change of control Pierer Bajaj AG is the majority shareholder of PIERER Mobility AG. Pierer Industrie AG holds a 50.1% stake in Pierer Bajaj AG. The remaining 49.9% is held by Bajaj Auto International Holdings B.V. ("Bajaj BV"). Today, Pierer Industrie AG has concluded a call option agreement with Bajaj BV which enables Bajaj BV to acquire the shares of Pierer Industrie AG in Pierer Bajaj AG and thus indirect control over PIERER Mobility AG until the end of May 2026. Such a change of control requires regulatory approvals. Shares may be transferred under this call option to Bajaj BV once all regulatory approvals have been obtained. Until these approvals are received, the current control situation will remain unchanged.
Legal notice 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.
For further information: Investor Relations Hans Lang & Melinda Busáné Bellér Tel: +43 676 4140945 or +43 676 4093711 Email: ir@pierermobility.com Website: https://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
22-May-2025 CET/CEST News transmitted by EQS Group. 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: | 2143988 |
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI |
End of Announcement | EQS News Service |
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2143988 22-May-2025 CET/CEST
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