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PIERER Mobility AG
ISIN: AT0000KTMI02
WKN: A2JKHY
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PIERER Mobility AG · ISIN: AT0000KTMI02 · EQS - adhoc news (90 News)
Country: Austria · Primary market: Austria · EQS NID: 2143988
22 May 2025 07:43PM

Pierer and Bajaj enter into call option agreement that enables a future change of control


EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Strategic Company Decision
PIERER Mobility AG: Pierer and Bajaj enter into call option agreement that enables a future change of control

22-May-2025 / 19:43 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.
The issuer is solely responsible for the content of this announcement.


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

2143988  22-May-2025 CET/CEST

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