Corporate News
22 October 2021
PIERER Mobility AG: Capital increase of EUR 895 million successfully completed
- Shareholding in KTM AG increased to 98.2 percent
The capital increase against contributions in kind in the amount of EUR 895 million was successfully completed and registered in the commercial register today, 22 October 2021. As announced in the ad-hoc release of 29 September 2021, the listed company PIERER Mobility AG has issued 11,257,861 new shares by means of a capital increase against contribution in kind. Only PTW Holding AG was admitted to subscribe, who in return contributed its 46.5% stake in KTM AG to PIERER Mobility AG as a contribution in kind. As a result of the transaction, the direct shareholding of PIERER Mobility AG in the operating KTM AG increased from approximately 51.7% to approximately 98.2%.
The share capital of PIERER Mobility AG increased by EUR 11,257,861 from EUR 22,538,674 to EUR 33,796,535.
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