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    PIERER Mobility AG: Pierer and Bajaj enter into call option agreement that enables a future change of control

    Für Sie zusammengefasst
    • Pierer and Bajaj sign call option for control change.
    • Bajaj BV can acquire shares by May 2026, pending approvals.
    • Current control remains unchanged until approvals are granted.

    EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Strategic Company Decision
    PIERER Mobility AG: Pierer and Bajaj enter into call option agreement that enables a future change of control

    22-May-2025 / 19:43 CET/CEST
    Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
    The issuer is solely responsible for the content of this announcement.


    Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014 (MAR)

    Ad hoc announcement pursuant to Art. 53 LR

     

    Wels, May 22, 2025

     

    PIERER Mobility AG: Pierer and Bajaj enter into call option agreement that enables a future change of control

    Pierer Bajaj AG is the majority shareholder of PIERER Mobility AG. Pierer Industrie AG holds a 50.1% stake in Pierer Bajaj AG. The remaining 49.9% is held by Bajaj Auto International Holdings B.V. ("Bajaj BV").

    Today, Pierer Industrie AG has concluded a call option agreement with Bajaj BV which enables Bajaj BV to acquire the shares of Pierer Industrie AG in Pierer Bajaj AG and thus indirect control over PIERER Mobility AG until the end of May 2026. Such a change of control requires regulatory approvals. Shares may be transferred under this call option to Bajaj BV once all regulatory approvals have been obtained.

    Until these approvals are received, the current control situation will remain unchanged.

     

    Legal notice

    THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OF PIERER MOBILITY AG. IT IS NOT FOR DISTRIBUTION, TRANSMISSION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

     

     

    For further information:

    Investor Relations

    Hans Lang & Melinda Busáné Bellér

    Tel: +43 676 4140945 or +43 676 4093711

    Email: ir@pierermobility.com

    Website: https://www.pierermobility.com

     

    ISIN: AT0000KTMI02; Swiss Valor Number (Switzerland): 41860974; Ticker Symbol: PKTM;

    Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S, PKTM.VI

     



    End of Inside Information

    22-May-2025 CET/CEST News transmitted by EQS Group. www.eqs.com


    Language: English
    Company: PIERER Mobility AG
    Edisonstrasse 1
    4600 Wels
    Austria
    Phone: +43 (0) 7242 69 402
    E-mail: ir@pierermobility.com
    Internet: www.pierermobility.com
    ISIN: AT0000KTMI02
    WKN: A2JKHY
    Listed: SIX, Vienna Stock Exchange
    EQS News ID: 2143988

    Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI
     
    End of Announcement EQS News Service

    2143988  22-May-2025 CET/CEST





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    EQS-Adhoc PIERER Mobility AG: Pierer and Bajaj enter into call option agreement that enables a future change of control EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Strategic Company Decision PIERER Mobility AG: Pierer and Bajaj enter into call option agreement that enables a future change of control 22-May-2025 / 19:43 CET/CEST Disclosure of an inside information …