Pankl Racing Systems AG

Pierer Industrie AG increases stake in Pankl

Adhoc announcement according to article 48d section 1 BörseG

Kapfenberg (pta011/30.06.2016/10:20) - 30th June 2016

Pankl Racing Systems AG has just been informed that the Unternehmens Invest AG (UIAG) and the Qino Capital Partners AG have sold their entire contribution of Pankl, each 318.150 shares, in total 20,2% of the stock, to Pierer Industrie AG. As a result Pierer Industrie AG will hold directly or indirectly 93% of Pankl Racing Systems AG and thus exceed the thresholds of 75% and 90%.

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emitter: Pankl Racing Systems AG
address: Industriestraße West 4, 8605 Kapfenberg
country: Austria
contact person: Silke Pichler
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/20160630011 ]