As of today, the shares of PIERER Mobility AG (ISIN: AT0000KTMI02) will also be traded in the General Standard of the Frankfurt Stock Exchange. The aim of this measure is to increase the trading liquidity of the shares in the euro area.
The admission to the regulated market of the Frankfurt Stock Exchange was accompanied by MainFirst Bank AG, which also acts as a designated sponsor in the Xetra trading. The specialist at the trading center of the Frankfurt Stock Exchange is Baader Bank AG.
About the Group
The PIERER Mobility Group is Europe’s leading manufacturer of “powered two-wheelers” (PTW). With its globally known motorcycle brands KTM, HUSQVARNA and GASGAS, it is one of the European technology and market leaders, especially for premium motorcycles. All drive technologies – from combustion engines to electric motors – are produced in series and are used. As a pioneer in electromobility for two-wheelers in the low-voltage range (48 volts) the group and its strategic partner Bajaj have the prerequisites to assume a leading global role. Thanks to our innovative strength, we see ourselves as the technology leader in the two-wheeler sector in Europe. The strategic partnership with Bajaj, India’s second largest motorcycle manufacturer, strengthens competitiveness in global markets.
THIS ANNOUNCEMENT DOES NEITHER CONSTITUTE AN OFFER TO SELL NOR AN INTIMATION TO SUBMIT A PROPOSAL FOR THE ACQUISITION OF SECURITIES OF PIERER MOBILITY AG. THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.