KTM Industries AG sells ist minority interest (24%) in AGM Durmont Austria GmbH to the previous majority owner AGM Group.

On April 10, 2015, KTM Industries AG and AGM Group, Troy Michigan, USA – a worldwide acting manufacturer of interior, lighting as well as electronic components in the automotive industry – have signed a purchase agreement that scheduled a gradual acquisition of all shares through AGM Group after a defined period. Today, the purchase agreement was completed as agreed for the final tranche and thus KTM Industries AG sold 100% of the shares in AGM Durmont Austria GmbH.

For more information:

Investor Relations
Mag. Michaela Friepeß
Tel.: +43 7242 – 69402
Email: ir@pierermobility.com
Website: www.pierermobility.com

Valorennummer (Schweiz) 41860974
Ticker symbol: PMAG
Symbol Bloomberg: PMAG SE, PMAG GY
Symbol Reuters: PMAG.S