pta20170222010
Business news for the stock market

KTM Industries AG: Main shareholder intends to perform a private placement of shares of KTM Industries AG

Wels (pta010/22.02.2017/07:30 UTC+1) KTM Industries AG was informed that its main shareholder Pierer Industrie AG intends to perform a private placement of shares of KTM Industries AG in order to increase the trading liquidity on the SIX Swiss Exchange

KTM Industries AG was informed that Pierer Industrie AG intends to sell up to 27,205,398 shares of KTM Industries AG (this equals to up to 12.1% of the company's share capital) in the course of an international private placement to qualified investors which is not subject to the prospectus requirements. In addition, shares of up to 0.9% of the share capital will be sold by third party shareholders.

In the course of the private placement, the liquidity of the company's shares on SIX Swiss Exchange and the shareholder basis shall be increased.

After the closing of the transaction, Pierer Industrie AG will continue to hold at least 62.8% of the shares of KTM Industries AG. Pierer Industrie AG has committed itself not to sell additional shares of the company for a period of 90 days as of the closing of the transaction.

The international private placement will be managed by Bank Vontobel AG as Sole Lead Manager in the course of an "accelerated book-building". The purchase price per share will be determined in the course of such book-building process.

Legal Disclaimer

THIS ANNOUNCEMENT DOES NEITHER CONSTITUTE AN OFFER TO SELL NOR AN INTIMATION TO SUBMIT A PROPOSAL FOR THE ACQUISITION OF SECURITIES OF KTM INDUSTRIES 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.

For additional information:
Investor Relations
Mag. Michaela Friepeß
Tel.: +43 7242 - 69402
Email: info@ktm-industries.com
Website: www.ktm-industries.com
ISIN: AT0000820659
Ticker symbol: KTMI
Reuters: KTMI:VI
Bloomberg: KTMI:AV

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Emitter: KTM Industries AG
Edisonstraße 1
4600 Wels
Austria
Contact Person: Mag. Michaela Friepeß
Phone: +43 7242 69402
E-Mail: info@ktm-industries.com
Website: www.ktm-industries.com
ISIN(s): AT0000500913 (Bond) AT0000820659 (Share) AT0000A0WQ66 (Bond) AT0000A1MBL8 (Bond)
Stock Exchange(s): Vienna Stock Exchange (Official Trade); Free Market in Frankfurt
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