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

Kapfenberg (pta030/22.12.2015/17:45 UTC+1) 22 December 2015

Pankl Racing Systems AG announces, that pursuant to § 91 Austrian Stock Exchange Act it was informed by Pierer Industrie AG as follows:

Facts
So far, Pierer Industrie AG (FN 290677t) was directly holding approximately 1.77% (55,650 shares) and indirectly through CROSS Industries AG (FN 78112x) approximately 64.19% (2,021,850 shares) of the voting rights of Pankl Racing Systems AG. Directly and indirectly Pierer Industrie AG was holding approximately 65.95 of the voting rights of Pankl Racing Systsems AG (2,077,500 shares).
Pierer Industrie AG is a fully owned subsidiary of Pierer Konzerngesellschaft mbH; Pierer Konzerngesellschaft mbH is controlled by DI Stefan Pierer.
On 21 December 2015 Pierer Industrie AG has acquired 262,500 shares of Pankl Racing System AG; this equals to approximately 8.33% of the voting rights.

Announcements pursuant to § 91 Austrian Stock Exchange Act
Pierer Industrie AG
Pierer Industrie AG has informed Pankl Racing Systems AG, that its voting rights in Pankl Racing Systems AG, which can be exercised directly, on 21 December 2015 have reached and exceeded the thresholds of 4%, 5% and 10% and currently amount to approximately 10.10% (318,150 shares).
The voting rights of Pierer Industrie AG in Pankl Racing Systems AG, which can be exercised indirectly through CROSS Industries AG, amount to approximately 55.85% (1,759,350 shares) and therefore continue to exceed the threshold of 50%.
The voting rights of Pierer Industrie AG in Pankl Racing Systems AG, which can be exercised directly (approximately 10.10%; 318,150 shares) and indirectly through CROSS Industries AG (approximately 55.85% of the voting rights; 1,759,350 shares), continue to exceed the threshold of 50% (approximately 65.95% of the voting rights; 2,077,500 shares).

Stefan Pierer / Pierer Konzerngesellschaft GmbH / CROSS Industries AG
The voting rights of Mr. DI Stefan Pierer in Racing Systems AG, which can be exercised indirectly through Pierer Konzerngesellschaft mbH, Pierer Industrie AG and CROSS Industries AG, continue to exceed the threshold of 50% (approximately 65.95% of the voting rights; 2,077,500 shares).
The voting rights of Pierer Konzerngesellschaft mbH in Pankl Racing Systems AG, which can be exercised indirectly through Pierer Industrie AG and CROSS Industries AG, continue to exceed the threshold of 50% (approximately 65.95% of the voting rights; 2,077,500 shares).
The voting rights of CROSS Industries AG in Pankl Racing Systems AG, which can be exercised directly, continue to exceed the threshold of 50% (approximately 55.85% of the voting rights; 1,759,350 shares). By including the voting rights of Pierer Industrie AG, which can be exercised directly by Pierer Industrie AG (approximately 10.10% of the voting rights; 318,150 shares), pursuant to § 92 no. 7 Austrian Stock Exchange Act the voting rights of CROSS Industries AG continue to exceed the threshold of 50% (approximately 65.95% of the voting rights; 2,077,500 shares).

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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