EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Financing
PIERER Mobility AG: Financing package secured for KTM restructuring
20-May-2025 / 00:34 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.
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Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014
(MAR)
Ad hoc announcement pursuant to Art. 53 LR
Wels, May 20, 2025
PIERER Mobility AG: Financing package secured for KTM restructuring
• Restructuring plans of KTM AG, KTM Components GmbH and KTM Forschungs
& Entwicklungs GmbH can be fulfilled on time
As announced, the creditors of KTM AG, KTM Components GmbH and KTM
Forschungs & Entwicklungs GmbH approved a restructuring plan quota of 30%
on February 25, 2025, payable by May 23, 2025. The total amount required
to finance the quota under the three restructuring plans amounts to
approx. EUR 600 million.
PIERER Mobility AG and KTM AG have received financing commitments, subject
to the execution of the requisite agreements, which will ensure that the
quota payments to fulfill the restructuring plans of KTM AG, KTM
Components GmbH and KTM Forschungs- & Entwicklungs GmbH can be fulfilled
on time by May 23, 2025.
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: (1)ir@pierermobility.com
Website:(2) 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
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20-May-2025 CET/CEST News transmitted by EQS Group. www.eqs.com
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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: 2140974
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM
SW; PKTM AV Reuters: PKTM.S; PKTM.VI
End of Announcement EQS News Service
2140974 20-May-2025 CET/CEST
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References
Visible links
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