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.
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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 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: (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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22-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: 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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References
Visible links
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