PIERER Mobility AG, AT0000KTMI02

PIERER Mobility AG / AT0000KTMI02

17.06.2025 - 07:33:33

PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH are legally binding

PIERER Mobility AG / Key word(s): Miscellaneous
PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH are legally binding

17.06.2025 / 07:33 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News   Wels, June 17, 2025   PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH are legally binding   The Regional Court of Ried im Innkreis has confirmed the restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH after the two-week appeal period expired. This means that the restructuring proceedings for the three KTM companies have been successfully completed and concluded. The respective restructuring administrators will transfer the agreed quota of 30% of the recognized claims to the creditors.   Gottfried Neumeister, CEO of PIERER Mobility AG: "I am relieved and grateful that we have finally been able to close this difficult chapter. Our focus is now on ramping up production at the end of July and realigning the group. I would like to take this opportunity to express my special thanks, recognition, and appreciation to Dr. Ulla Reisch, one of the best insolvency law experts in our country, who guided us through these three proceedings not only with her expertise but also with her tireless commitment."     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


17.06.2025 CET/CEST This Corporate News was distributed 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: 2156142

Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI
 
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2156142  17.06.2025 CET/CEST
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