Offer price: EUR 122.50 per share of KTM AG

CROSS KraftFahrZeug Holding GmbH, the majority shareholder of KTM AG, today has requested an integration of the agenda for the upcoming annual shareholders meeting of KTM AG taking place on 21 April 2016 in order to authorize the board of directors of to announce the withdrawal of its shares from the Third Market (Dritten Markt) of the Vienna Stock Exchange. KTM AG will announce and publish the integrated agenda in due course.

Public purchase offer (cash offer) to the free-flat shareholders of KTM AG
The shares of KTM AG are included into the Third Market (Dritter Markt) of the Vienna Stock Exchange. As accompanying measure to the delisting of the shares from the Third Market (Dritter Markt) of the Vienna Stock Exchange CROSS KraftFahrZeug Holding GmbH will submit a public purchase offer to all free-float shareholders of KTM AG, as the free-float in KTM AG currently amounts only to 0.6%. CROSS KraftFahrZeug Holding GmbH holds already 51.4% of the share capital and voting rights of KTM AG; the Indian partner Bajaj holds approximately 48.0%.

The offer price will amount to EUR 122.50 per share of KTM AG and corresponds to the average volume weighted six months stock exchange price of the KTM-shares on the Vienna Stock Exchange as of 24 March 2016 (this is the last trading day on the Vienna Stock Exchange before the announcement of the intention to propose the purchase offer). The offer is subject to the condition that KTM AG files a notice to the Vienna Stock exchange to withdraw its shares from the Third Market (Dritten Markt) of the Vienna Stock Exchange.

The offer document shall be published at the latest on day of the ordinary shareholders meeting (21 April 2016).

Legal disclaimer:
This ad-hoc release does neither constitute an offer to purchase nor an intimation to submit a proposal for the acquisition of securities of KTM AG.