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

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