DGAP-Adhoc

KSB Aktiengesellschaft: Change of legal form

DGAP-Ad-hoc: KSB Aktiengesellschaft / Key word(s): Strategic Company
Decision
KSB Aktiengesellschaft: Change of legal form

12-Jan-2017 / 16:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The Board of Management and Supervisory Board of KSB Aktiengesellschaft
today resolved to prepare the company's conversion into a partnership
limited by shares [Kommanditgesellschaft auf Aktien - KGaA]. The measure is
aimed at broadening the company's financial and operative scope of action.

The general partner [Komplementär] of the KGaA is planned to be organised
in the legal form of a European Company (Societas Europaea - SE), in which
the shareholders of Klein Pumpen GmbH would hold an indirect 100%
participation. Klein Pumpen GmbH is the majority shareholder of KSB
Aktiengesellschaft. The change of form would, in principle, not affect the
legal position of the shareholders of KSB Aktiengesellschaft. The
shareholders would hold the same number of no-par-value shares (ordinary
shares or preference shares) in the KGaA as they do in KSB
Aktiengesellschaft prior to the conversion. The two classes of shares and
the total number of shares issued of each class of shares would remain
unchanged.

The resolution on the change of legal form is planned to be passed by the
Annual General Meeting on 10 May 2017. Klein Pumpen GmbH has informed KSB
Aktiengesellschaft that it supports the proposed structural change.

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Language: English
Company: KSB Aktiengesellschaft
Johann-Klein-Strasse 9
67227 Frankenthal
Germany
Phone: [phone]
Fax: [phone]
Internet: www.ksb.com
ISIN: DE0006292030
WKN: 629203
Listed: Regulated Market in Dusseldorf, Frankfurt (General
Standard); Regulated Unofficial Market in Berlin, Hamburg,
Munich, Stuttgart, Tradegate Exchange



End of Announcement DGAP News Service
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536029 12-Jan-2017 CET/CEST