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

Holding announcement according to article 93 section 2 BörseG

Kapfenberg, 21 July 2014 (pta007/21.07.2014/09:15) - Pankl Racing Systems AG announces, that pursuant to § 91 of the Austrian Stock Exchange Act ("BörseG") it was informed by CROSS Motorsport Systems GmbH, CROSS Automotive Holding GmbH and CROSS Industries AG as follows:

CROSS Motorsport Systems GmbH has been holding 1,610,477 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 51.13%.

CROSS Motorsport Systems GmbH is controlled by CROSS Automotive Holding GmbH, which is a fully owned subsidiary of CROSS Industries AG. CROSS Industries AG is controlled by DI Stefan Pierer through Pierer Invest Beteiligungs GmbH, SP GmbH, PS GmbH and Pierer Konzerngesellschaft mbH.

On 18 July 2014 CROSS Motorsport Systems GmbH has transferred its 1,610,477 shares of Pankl Racing Systems AG to its indirect mother CROSS Industries AG.

CROSS Motorsport Systems GmbH

CROSS Motorsport Systems GmbH has informed Pankl Racing Systems AG, that its voting rights in relation to shares of Pankl Racing Systems AG, which could be exercised directly, have fallen below the thresholds of 50%, 45%, 40%, 35%, 30%, 25%, 20%, 15%, 10%, 5% and 4% to 0, due to the transfer of its 1,610,477 shares of Pankl Racing Systems AG on 18 July 2014.

CROSS Automotive Holding GmbH

CROSS Automotive Holding GmbH has informed Pankl Racing Systems AG, that its voting rights in relation to shares of Pankl Racing Systems AG, which could be exercised indirectly through CROSS Motorsport Systems GmbH, have fallen below the thresholds of 50%, 45%, 40%, 35%, 30%, 25%, 20%, 15%, 10%, 5% and 4% to 0, due to the transfer of 1,610,477 shares of Pankl Racing Systems AG by CROSS Motorsport Systems GmbH on 18 July 2014.

CROSS Industries AG

CROSS Industries AG has informed Pankl Racing Systems AG, that its voting rights in relation to shares of Pankl Racing Systems AG, which could be exercised indirectly through CROSS Automotive Holding GmbH and CROSS Motorsport Systems GmbH, are exercised directly since 18 July 2014 and continue to reach and exceed the thresholds of 4%, 5%, 10%, 15%, 20%, 25%, 30%, 35%, 40%, 45% and 50% (1,610,477 shares).

DI Stefan Pierer / Pierer Konzerngesellschaft mbH / PS GmbH / SP GmbH / Pierer Invest Beteiligungs GmbH

The voting rights of DI Stefan Pierer, Pierer Konzerngesellschaft mbH, PS GmbH, SP GmbH and Pierer Invest Beteiligungs GmbH, which can be exercised indirectly through CROSS Industries AG, continue to exceed the threshold of 50% (1,610,477 shares).

For further information: Investor Relations Brigitte Putz Tel.: [phone] e-mail: [e-mail] Internet: www.pankl.com



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emitter: Pankl Racing Systems AG address: Industriestraße West 4, 8605 Kapfenberg country: Austria contact person: DI (FH) Brigitte Putz phone: [phone] e-mail: [e-mail] website: www.pankl.com

ISIN(s): AT0000800800 (share) stock exchanges: official trade in Vienna; open market (free market) in Frankfurt, free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf; open market in Berlin

[ source: http://www.pressetext.com/news/20140721007 ]