Pankl Racing Systems AG - Announcement according to § 93 para 2

Pankl Racing Systems AG - Announcement according to § 93 para 2 Austrian Stock Exchange Act
Kapfenberg, 22 April 2014
Pankl Racing Systems AG announces, that pursuant to § 91a of the Austrian Stock Exchange Act (“BörseG”) it was informed by
SP GmbH, PS GmbH, Pierer Konzerngesellschaft mbH and DI Stefan Pierer as follows:
CROSS Motorsport Systems GmbH currently holds 1,610,477 shares of Pankl Racing Systems AG; this equals voting rights
and a share capital participation in Pankl Racing Systems AG of approximately 51.13%. CROSS Motorsport Systems GmbH is
controlled by CROSS Automotive Holding GmbH, which is a fully owned subsidiary of CROSS Industries AG. CROSS
Industries AG is controlled by DI Stefan Pierer through Pierer Invest Beteiligungs GmbH and Pierer Konzerngesellschaft mbH.
So far, SP GmbH did not hold any shares and voting rights of Pankl Racing Systems AG. Sole shareholder of SP GmbH is PS
GmbH. Sole shareholder of PS GmbH is Pierer Konzerngesellschaft mbH.
By means of a separation and takeover agreement dated 15 April 2014 a share of 25% in Pierer Invest Beteiligungs GmbH has
been split off to SP GmbH (de-merger by acquisition) (contractual transaction). With registration of the de-merger in the
company register SP GmbH will become shareholder of Pierer Invest Beteiligungs GmbH. The registration of the de-merger in
the company register should take place until end of May 2014.
SP GmbH
SP GmbH has informed Pankl Racing Systsems AG, that by means of a separation and takeover agreement it is holding an
instrument pursuant to § 91a BörseG since 15 April 2014 to acquire a share in Pierer Invest Beteiligungs GmbH. Pierer Invest
Beteiligungs GmbH – through CROSS Industries AG, CROSS Automotive Holding GmbH and CROSS Motorsport Systems
GmbH – holds a controlling interest in Pankl Racing Systems AG.
The voting rights in relation to shares of Pankl Racing Systems AG, which are held pursuant to § 91a BörseG indirectly through
CROSS Industries AG, CROSS Automotive Holding GmbH and CROSS Motorsport Systems GmbH – on 15 April 2014 have
reached and exceeded the thresholds of 4%, 5%, 10%, 15%, 20%, 25%, 30%, 35%, 40%, 45% and 50% and currently amount
to approximately 51.13% (1,610,477 shares).
The registration of the de-merger in the company register shall take place until end of May 2014.
PS GmbH
The voting rights of PS GmbH in Pankl Racing Systems AG pursuant to § 91a BörseG, held indirectly via SP GmbH, Pierer
Invest Beteiligungs GmbH, CROSS Industries AG, CROSS Automotive Holding GmbH and CROSS Motorsport Systems
GmbH, have reached and exceeded the thresholds of 4%, 5%, 10%, 15%, 20%, 25%, 30%, 35%, 40%, 45% and 50% on 15
April 2014 (approximately 51.13%; 1,610,477 shares).
Pankl Racing Systems AG
Industriestraße West 4, 8605 Kapfenberg, Austria, ISIN: AT0000800800
www.pankl.com
DI Stefan Pierer / Pierer Konzerngesellschaft mbH
After registration of the de-merger in the company register the voting rights of DI Stefan Pierer and Pierer Konzerngesellschaft
mbH in Pankl Racing Systems AG will continue to exceed the threshold of 50% (approximately 51.13%; 1,610,477 shares). In
the future these voting rights can be exercised indirectly through PS GmbH, SP GmbH, Pierer Invest Beteiligungs GmbH,
CROSS Industries AG, CROSS Automotive Holding GmbH and CROSS Motorsport Systems GmbH.
For further information:
Investor Relations
Brigitte Putz
Tel.: +43 3862 33 999 317
e-mail: [email protected]
Internet: www.pankl.com
Pankl Racing Systems AG
Industriestraße West 4, 8605 Kapfenberg, Austria, ISIN: AT0000800800
www.pankl.com