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PIERER Mobility AG, AT0000KTMI02

PIERER Mobility AG, AT0000KTMI02

30.07.2020 - 17:38:17

PIERER Mobility AG: Purchase of a 35% stake in the digital trading platform DealerCenter by using treasury shares

under the heading "Disposal of Shares" on the resale of treasury shares under exclusion of the repurchase right of shareholders on the basis of the repurchase and resale authorization of the general meeting of October 4, 2019. The supervisory board approved this transaction on July 30, 2020.

Sale of treasury shares:

1. Day of the authorization by the general meeting: October 4, 2019.

2. Day of publication of the authorization: October 4, 2019 via an electronically operated information dissemination system pursuant to § 119 para 7 BörseG 2018; on October 8, 2019 in the official gazette "Amtsblatt zur Wiener Zeitung".

3. Day of disposal (execution): presumably August 5, 2020.

4. Class of shares: no-par value bearer shares (ISIN AT0000KTMI02).

5. Intended volume to be sold: 30,703 treasury shares of PIERER Mobility AG (approximately 0.136% of the share capital).

6. Consideration to be realized per share: EUR 49.1708872097 per treasury share.

7. Type of the sale: outside a market place.

8. Purpose of the sale: use of 30,703 treasury shares to settle the purchase price and the redemption amount for the shareholder loan totalling EUR 1,509,693.75 for the acquisition of the 35% stake in DCD GmbH.

9. Effects on the stock exchange listing: none.

Notice pursuant to § 5 para 4 of the VeröffentlichungsV 2018 The details to be published pursuant to § 7 of the VeröffentlichungsV 2018 regarding the transactions carried out in connection with the sale of treasury shares as well as any changes to be published pursuant to § 6 of the VeröffentlichungsV 2018 will be published on the website of PIERER Mobility AG at https://www.pierermobility.com/en/investor-relations/share under the heading "Disposal of Shares".

Legal Disclaimer

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.

For more information: Investor Relations Mag. Michaela Friepeß Tel.: +43 (0)7242 / 69402 Email: ir@pierermobility.com Website: www.pierermobility.com

30.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange; SIX, Vienna Stock Exchange (Official Market) EQS News ID: 1106733 Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PMAG, Bloomberg: PMAG SE, PMAG GY Reuters: PMAG.S   End of News DGAP News Service

1106733  30.07.2020 

@ dgap.de