EQS-News: PIERER Mobility AG / Key word(s): Miscellaneous
PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH,
and KTM Forschungs & Entwicklungs GmbH are legally binding
17.06.2025 / 07:33 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Corporate News
Wels, June 17, 2025
PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH,
and KTM Forschungs & Entwicklungs GmbH are legally binding
The Regional Court of Ried im Innkreis has confirmed the restructuring
plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs
GmbH after the two-week appeal period expired. This means that the
restructuring proceedings for the three KTM companies have been
successfully completed and concluded. The respective restructuring
administrators will transfer the agreed quota of 30% of the recognized
claims to the creditors.
Gottfried Neumeister, CEO of PIERER Mobility AG: "I am relieved and
grateful that we have finally been able to close this difficult chapter.
Our focus is now on ramping up production at the end of July and
realigning the group. I would like to take this opportunity to express my
special thanks, recognition, and appreciation to Dr. Ulla Reisch, one of
the best insolvency law experts in our country, who guided us through
these three proceedings not only with her expertise but also with her
tireless commitment."
For further information:
Investor Relations
Hans Lang & Melinda Busáné Bellér
Tel: +43 676 4140945 or +43 676 4093711
Email: ir@pierermobility.com
Website:(1) https://www.pierermobility.com
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17.06.2025 CET/CEST This Corporate News was distributed 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: 2156142
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM
SW; PKTM AV Reuters: PKTM.S; PKTM.VI
End of News EQS News Service
2156142 17.06.2025 CET/CEST
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