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Pankl Racing Systems AG: Release according to art. 93 section 2 BörseG
Kapfenberg (pta047/08.05.2017/18:40 UTC+2) - Release of Announcement according to article 135 section 2 BörseG
Notification of Major Holdings
1. Issuer
Pankl Racing Systems AG, Industriestraße West 4, 8605 Kapfenberg, Austria
2. Reason for notification
Acquisition / disposal of shares with voting rights
3. Details of person subject to the notification obligation
Name: Stefan Pierer
4. Names of shareholders, if different from declarants (3)
Pierer Konzerngesellschaft m.b.H.
5. Date on which threshold was crossed or reached
4.05.2017
6. Total positions
| % of voting rights attached to shares (total of 7.a.) | % of voting rights through instruments (total of 7.b.1 + 7.b.2) | total of both in % (7.a. + 7.b.) | total number of voting rights of issuer | |
|---|---|---|---|---|
| Resulting situation on the date on which threshold was crossed / reached | 94,53 | n/a | 94,53 | 3,150,000 |
| Position of previous notification | 92,63 | n/a | 92,63 |
7. Notified details of the resulting situation
7.A: Voting rights attached to shares
| ISIN code | absolute direct (Sec 130 BörseG 2018) | absolute indirect (Sec 133 BörseG 2018) | in % direct (Sec 130 BörseG 2018) | in % indirect (Sec 133 BörseG 2018) |
|---|---|---|---|---|
| AT0000800800 | 0 | 2,977,681 | 0.00 | 94.53 |
| Total: | 2,977,681 | 94.53 |
7.B.1: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 1 BörseG 2018
| type of instrument | Maturity / Expiration | Exercise or conversion period | Voting Rights Absolute | Voting Rights in % |
|---|---|---|---|---|
| Total: | 0 | 0 |
7.B.2: Financial / Other Instruments pursuant to Sec. 131 para. 1 No. 2 BörseG 2018
| type of instrument | Maturity / Expiration | Exercise or conversion period | Cash or physical transaction | Voting Rights Absolute | Voting Rights in % |
|---|---|---|---|---|---|
| Total: | 0 | 0 |
8. Information in relation to the person subject to the notification obligation
Full chain of controlled undertakings through which the voting rights and/or the financial/other instruments are effectively held starting with the ultimate controlling natural person or legal entity.
| No. | Name | Directly controlled by No. | Shares held directly (%) | Financial/other instruments held directly (%) | Total of both (%) |
|---|---|---|---|---|---|
| 1 | Stefan Pierer | n/a | n/a | n/a | |
| 2 | Pierer Konzerngesellschaft mbH | 1 | n/a | n/a | n/a |
| 3 | KTM Industries AG | 2 | 94,53 | n/a | 94,53 |
9. In case of proxy voting
Date of general meeting:
Voting rights after general meeting:
10. Other useful information
By way's of a spin-off of shares, Pierer Industrie AG transferred 141,580,608 shares of KTM Industries AG to Pierer Konzerngesellschaft mbH. Pierer Konzerngesellschaft mbH (receiving company) is the direct sole shareholder of Pierer Industrie AG (transferring company); therefore Pierer Konzerngesellschaft mbH pursuant to § 17 lit 5 Austrian Spin-Off Act in combination with § 224 para 1 lit 1 Austrian Stock Exchange Act did not grant shares. In the course of the spin-off, no shares in Pierer Konzerngesellschaft mbH have been allocated and no capital increase has taken place. Pierer Konzerngesellschaft mbH is now a direct shareholder of KTM Industries AG and holds its participation in Pankl Racing System AG not any more through Pierer Industrie AG and KTM Industries AG but solely through KTM Industries AG
(end)
| Emitter: |
Pankl Racing Systems AG Industriestraße West 4 8605 Kapfenberg Austria |
|
|---|---|---|
| Contact Person: | IR | |
| Phone: | +43(0)3862 33 999-815 | |
| 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 |