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    PMAG   AT0000KTMI02

PIERER MOBILITY AG

(PMAG)
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PIERER Mobility AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

10/04/2021 | 08:59am EST

DGAP Voting Rights Announcement: PIERER Mobility AG PIERER Mobility AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 2021-10-04 / 14:58 Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Vienna, 4 October 2021 - Release according to Article 40, Section 1 WpHG

PIERER Mobility AG: Release according to Article 40, Section 1 WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Major holdings notification pursuant to Sec. 130 to 134 BörseG 2018

1. Issuer

PIERER Mobility AG, Edisonstraße 1, 4600 Wels, Austria

2. Reason for the notification

Acquisition or disposal of financial/other instruments Other

3. Person subject to notification obligation

Name: Bajaj Auto Ltd.

4. Name of shareholder(s): (if not the same as stated under point 3)

Bajaj Auto International Holdings B.V.

5. Date on which the threshold was crossed or reached

29.09.2021

6. Total positions

                                  % of voting rights 
                                  attached to shares 
                                         (7.A)          % of voting rights through     Total of both  Total number of 
                                                        financial/other instruments     in % (7.A +  voting rights of 
                                                              (7.B.1 + 7.B.2)              7.B)            issuer 
 Resulting situation on the date 
on which threshold was crossed /        0,00 %                    60,00 %                 60,00 %        22 538 674 
             reached 
Position of previous notification       0,00 %                     0,00 %                 0,00 % 
         (if applicable) 

7. Details - Notified details of the resulting situation

A: Voting rights attached to shares 
                        Number of voting rights                    % of voting rights 
  ISIN Code          Direct               Indirect               Direct            Indirect 
              (Sec 130 BörseG 2018) (Sec 133 BörseG 2018) (Sec 130 BörseG 2018) (Sec 133 BörseG 
                                                                                     2018) 
 
 SUBTOTAL A 
B 1: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 1 BörseG 2018 
                                                      Number of voting 
Type of instrument Expiration Date Exercise Period   rights that may be    % of voting rights 
                                                       acquired if the 
                                                   instrument is exercised 
 
                                    SUBTOTAL B.1 
B 2: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 2 BörseG 2018 
  Type of instrument   Expiration Date Exercise Period   Physical /      Number of   % of voting rights 
                                                       Cash Settlement voting rights 
Right of First Refusal N/A             N/A                Physical        13.523.205             60,00% 
                                                        SUBTOTAL B.2      13.523.205             60,00% 

8. Information in relation to the person subject to the notification obligation

[Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.]

X Full chain of controlled undertakings through which the voting rights and/or the financial/other instruments are effectively held starting with the ultimate controlling natural person or legal entity:

                                            Directly controlled    Shares held        Financial/other     Total of both 
     No.                  Name                    by No.           directly (%)      instruments held          (%) 
                                                                                        directly (%) 
      1       Bajaj Auto B.V.                                         0,00 %               0,00 %            0,00 % 
      2       Bajaj Auto International               1                0,00 %              60,00 %            60,00 % 
              Holdings B.V. 

9. In case of proxy voting Date of general meeting: na

10. Other remarks

Pierer Industrie AG and Bajaj Auto International Holdings B.V. are parties to a shareholders' agreement regarding the joint participation in PTW Holding AG (majority shareholder of PIERER Mobility AG). Bajaj Auto International Holdings B.V. may acquire, under pre-emptive rights granted, Pierer Industrie AG's current shareholding in PTW Holding AG, which in turn holds 60% of the voting rights of PIERER Mobility AG. Pierer Industrie currently holds 50,10% of the share capital of PTW Holding AG, Bajaj Auto International Holdings B.V. the remaining 49,90%. In the event that the pre-emption right is exercised in a contractually defined pre-emption event, Bajaj Auto International Holdings B.V. will thus have the right to acquire Pierer Industrie AG's shares in PTW Holding AG, so that all shares in PIERER Mobility AG held by PTW Holding AG will be attributed to it. Submitted by: PIERER Mobility AG Edisonstraße 1, 4600 Wels Österreich

Contract person: Mag. Michaela Friepeß Tel.: +43 (0)7242 / 69402 E-Mail: ir@pierermobility.com Website: https://www.pierermobility.com/ ISIN(s): AT0000KTMI02

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2021-10-04 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language:     English 
Company:      PIERER Mobility AG 
              Edisonstrasse 1 
              4600 Wels 
              Austria 
Internet:     www.pierermobility.com 
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S 
 
End of News   DGAP News Service 
=------------ 

1238079 2021-10-04

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(END) Dow Jones Newswires

October 04, 2021 08:58 ET (12:58 GMT)

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Sales 2021 2 047 M 2 317 M 2 317 M
Net income 2021 92,7 M 105 M 105 M
Net Debt 2021 263 M 297 M 297 M
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