CROSS Industries AG

Renaming of CROSS to KTM Industries AG planned

Adhoc announcement according to article 48d section 1 BörseG

Wels (pta026/24.06.2016/17:35) - * listing at Swiss Stock Exchange (SIX) in Zürich intended
* changes in the management of KTM AG

Renaming of CROSS to KTM Industries AG

As the participation in KTM AG is the main asset of CROSS Industries AG, the brand "KTM" will be incorporated into the company name of the holding entity. In the course of an extraordinary shareholders meeting of CROSS Industries AG taking place in July 2016 the renaming of the company from CROSS Industries AG to "KTM Industries AG" shall be voted.

Listing on the Swiss Stock Exchange (SIX) in Zürich intended

The shares of CROSS Industries AG are currently listed in the Regulated Market (Amtlichen Handel) (Segment prime market) of the Vienna Stock Exchange (ISIN AT0000820659). The company intends a further listing of its issued shares at the Stock Exchange in Zürich, Switzerland (SIX Swiss Exchange). The respective preparation activities in accordance with the capital market requirements will be started in the coming weeks.

Changes in the management of KTM AG

In the course of the renaming of CROSS Industries AG also changes in the management of KTM AG are planned. Mag. Friedrich Roithner will leave the management board of the operating KTM AG and become a member of the supervisory board of KTM AG.

Legal disclaimer
This release does neither constitute an offer to purchase nor an intimation to submit a proposal for the acquisition of securities of CROSS Industries AG.

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emitter: CROSS Industries AG
address: Edisonstraße 1, 4600 Wels
country: Austria
contact person: Mag. Michaela Friepeß
phone: [phone]
e-mail: [e-mail]
website: www.crossindustries.at

ISIN(s): AT0000500913 (bond), AT0000820659 (share), AT0000A0WQ66 (bond)
stock exchanges: official trade in Vienna; open market (free market) in Frankfurt

[ source: http://www.pressetext.com/news/20160624026 ]