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    PMAG   AT0000KTMI02

PIERER MOBILITY AG

(PMAG)
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DGAP-Adhoc : PIERER Mobility AG: Simplification of the shareholding structure with Bajaj

07/26/2021 | 11:46am EDT
DGAP-Ad-hoc: PIERER Mobility AG / Key word(s): Strategic Company Decision 
PIERER Mobility AG: Simplification of the shareholding structure with Bajaj 
26-Jul-2021 / 17:45 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Ad hoc announcement pursuant to article 17 Regulation (EU) N0 596/2014 (MAR) 
Ad hoc announcement pursuant to article 53 LR 
26 July 2021 
PIERER Mobility AG: Simplification of the shareholding structure with Bajaj 
  . Pierer and Bajaj start simplifying Bajaj's participation at PIERER Mobility level, as announced 
PIERER Mobility AG was informed by Pierer Industrie AG and PTW Holding AG that an agreement in principle had been 
reached with Bajaj Auto Ltd. (India) and its wholly owned subsidiary Bajaj Auto International Holdings BV (Netherlands, 
"BAIHBV"), together referred as "Bajaj", to contribute BAIHBV's 46.5% stake in KTM AG to PIERER Mobility AG. 
As a next step, Pierer and Bajaj will now initiate competition and takeover law consultations with the relevant 
authorities as well as the necessary valuations; PIERER Mobility AG, for its part, will go ahead with preparations 
under capital market law. Depending on the outcome of the valuation process, the opinion of the Austrian Takeover 
Commission and the transaction negotiations as well as the clearance by the competition authorities, PIERER Mobility AG 
will carry out a capital increase through contribution in kind from the existing authorized capital of the company 
under exclusion of subscription rights by up to 50% of the existing share capital. 
After completion of the transaction, the shareholding of PIERER Mobility AG in the operating KTM AG will increase from 
currently about 51.7% to about 98.2%. The Pierer Group will continue to maintain sole control over PIERER Mobility AG. 
Legal Disclaimer 
THIS ANNOUNCEMENT DOES NEITHER CONSTITUTE AN OFFER TO SELL NOR AN /INVITATION TO SUBMIT A PROPOSAL FOR THE ACQUISITION 
OF SECURITIES OF PIERER MOBILITY AG. THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR 
INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY 
OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. 
Contact: 
Investor Relations 
Mag. Michaela Friepeß 
Tel.: +43 (0)7242 / 69402 
Email: ir@pierermobility.com 
Website: www.pierermobility.com 
=---------------------------------------------------------------------------------------------------------------------- 
26-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
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:       Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Munich, Stuttgart, Tradegate Exchange; SIX 
EQS News ID:  1221725 
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S 
 
End of Announcement  DGAP News Service 
=------------ 

1221725 26-Jul-2021 CET/CEST

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1221725&application_name=news 
 

(END) Dow Jones Newswires

July 26, 2021 11:45 ET (15:45 GMT)

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Sales 2021 2 040 M 2 390 M 2 390 M
Net income 2021 65,3 M 76,5 M 76,5 M
Net Debt 2021 275 M 322 M 322 M
P/E ratio 2021 30,5x
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EV / Sales 2021 1,02x
EV / Sales 2022 0,99x
Nbr of Employees 4 888
Free-Float 32,7%
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Number of Analysts 0
Last Close Price 79,90 
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Spread / Average Target -
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Stefan Pierer Chairman-Management Board & CEO
Friedrich Roithner Chief Financial Officer
Josef Blazicek Chairman-Supervisory Board
Klaus Rinnerberger Member-Supervisory Board
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