- 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.
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.