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KTM Industries AG: International private placement successfully closed
Increase of free-float by 8 per cent
Wels
(pta006/09.02.2018/07:00 UTC+1)
KTM Industries AG was informed that Pierer Beteiligungs GmbH in the course of an international private placement to qualified investors, which is not subject to the prospectus requirements, has sold 15,884,217 shares of KTM Industries AG. This equals to approximately 7.0% of the company's share capital. In addition, third party shareholders have sold 2,146,722 amounting to approximately 1.0% of the share capital.
The shares have been placed by Bank Vontobel AG as Sole Lead Manager at a price of CHF 6.78 per share; this corresponds to a total placement volume of approximately CHF 122 million.
Pierer Konzerngesellschaft mbH continues to hold approximately 63.0% of the share capital of KTM Industries AG.
Legal Disclaimer
THIS ANNOUNCEMENT CONSTITUTES NEITHER 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.
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Emitter: |
KTM Industries AG Edisonstraße 1 4600 Wels Austria |
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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 |