Pankl Racing Systems AG: Announcement according to § 93 para 2 Austrian Stock Exchange Act

Kapfenberg, 2nd June 2015 (pta027/02.06.2015/16:30 UTC+2) Pankl Racing Systems AG announces, that pursuant to § 91 and § 91a Austrian Stock Exchange Act it was informed by CROSS Industries AG (previously BF HOLDING AG), Pierer Industrie AG, Pierer Konzerngesellschaft mbH und Stefan Pierer as follows:
So far, CROSS Industries AG (FN 261823 i) was holding 51.79% of the voting rights of Pankl Racing Systems AG (1,631,477 shares). CROSS Industries AG (FN 261823 i) was controlled by Pierer Industrie AG which it a fully owned subsidiary of Pierer Konzerngesellschaft mbH. Pierer Konzerngesellschaft mbH is controlled by DI Stefan Pierer.
In the annual shareholders' meetings of CROSS Industries AG, FN 261823 i, ("CROSS OLD") and BF HOLDING AG, FN 78112 x, held on 22 April 2015 it has been resolved to merge CROSS OLD as transferring company into BF HOLDING AG as receiving company (the "Merger"). Until now, BF HOLDING AG was holding 65,236 shares of Pankl Racing Systems AG; this equaled to approximately 2.07% of the voting rights. In the annual shareholders' meetings of BF HOLDING AG, FN 78112 x, on 22 April 2015 it has also been resolved to change the company name of BF HOLDING AG to CROSS Industries AG. The Merger and the change of BF HOLDING AG's company name were registered with the company register on 2 June 2015.

Announcements pursuant to § 91a and § 91 Austrian Stock Exchange Act
1. CROSS Industries AG (previously BF HOLDING AG)
Announcement pursuant to § 91a Austrian Stock Exchange Act
CROSS Industries AG (previously BF HOLDING AG) has informed Pankl Racing Systems AG, that - due to the registration of the Merger with the company register on 2 June 2015 - it no longer holds an instrument pursuant to § 91a Austrian Stock Exchange Act. The voting rights in relation to shares of Pankl Racing Systems AG, which were directly held pursuant to § 91a Austrian Stock Exchange Act since 22 April 2015, due to the registration of the Merger with the company register on 2 June 2015 went below the thresholds of 50%, 45%, 40%, 35%, 30%, 25%, 20%, 15%, 10%, 5% and 4% and currently amount to 0%.
Announcement pursuant to § 91 Austrian Stock Exchange Act
CROSS Industries AG (previously BF HOLDING AG) has informed Pankl Racing Systems AG, that due to the registration of the Merger with the company register its voting rights in Pankl Racing Systems AG, which can be exercised directly, on 2 June 2015 have reached and exceeded the thresholds of 4%, 5%, 10%, 15%, 20%, 25%, 30%, 35%, 40%, 45% and 50% and currently amount to approximately 53.86% (number of shares: 1,696,713).

2. Pierer Industrie AG / Pierer Konzerngesellschaft mbH / DI Stefan Pierer
Announcement pursuant to § 91 Austrian Stock Exchange Act
The voting rights of Pierer Industrie AG in Pankl Racing Systems AG, which so far were held indirectly through CROSS OLD, since 2 June 2015 are hold indirectly through CROSS Industries AG (previously BF HOLDING AG) and continue to exceed the threshold of 50% (1,696,713 shares; this equals to 53.86% of the voting rights).
The voting rights of Pierer Konzerngesellschaft mbH in Pankl Racing Systems AG, which so far were held indirectly through Pierer Industrie AG and CROSS OLD, since 2 June 2015 are hold indirectly through Pierer Industrie AG and CROSS Industries AG (previously BF HOLDING AG) and continue to exceed the threshold of 50% (1,696,713 shares; this equals to 53.86% of the voting rights).
The voting rights of Stefan Pierer in Pankl Racing Systems AG, which so far were held indirectly through Pierer Konzerngesellschaft mbH, Pierer Industrie AG and CROSS OLD, since 2 June 2015 are hold indirectly through Pierer Konzerngesellschaft mbH, Pierer Industrie AG and CROSS Industries AG (previously BF HOLDING AG) and continue to exceed the threshold of 50% (1,696,713 shares; this equals to 53.86% of the voting rights).
As parent company Pierer Konzerngesellschaft mbH has also informed Pankl Racing Systems AG, that in the course of the Merger the company CROSS OLD has ceased to exist and that therefore CROSS OLD as of the registration of the Merger with the company register on 2 June 2015 does not hold any longer shares of Pankl Racing Systems AG.

For questions please contact:

Für weitere Informationen:
Investor Relations
Silke Pichler
Tel.: +43 3862 33 999 113
e-mail: ir@pankl.com
Internet: www.pankl.com

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Emitter:	Pankl Racing Systems AG Industriestraße West 4 8605 Kapfenberg Austria
Contact Person:	Silke Pichler
Phone:	+43(0)3862 33 999-113
E-Mail:	ir@pankl.com
Website:	www.pankl.com
ISIN(s):	AT0000800800 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart