euro adhoc: KTM Power Sports AG / Capital measures / KTM-Shares placed - Approx. 1,5 million shares were sold over the counter to institutional investors - KTM increases freefloat - Transaction manage
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
15.02.2007
Wels/Mattighofen/Wien - February 15, 2007 The CROSS Industries group, main shareholder of the listed KTM Power Sports AG, sold today approx. 1,5 million (approx. 21,8%) ordinary shares of KTM Power Sports AG thereby increasing the free float. The transaction was conducted over the counter through Bank Austria Creditanstalt AG. The bulk of the shares being placed originate from a block of KTM-shares that CROSS has agreed to purchase from an Austrian subsidiary of Polaris Industries Inc. under an agreement announced in December 2006. The shares were placed with institutional investors.
end of announcement euro adhoc 15.02.2007 08:32:00 --------------------------------------------------------------------------------
ots Originaltext: Cross Holding AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: KTM Power Sports AG Mag. Michaela Friepess Telefon +43 (0) 7242 / 694 02-113 and/or +43 1 535 34 31 -13 mailto:michaela.friepess@ktmpowersports.com
Branche: Economy, Business & Finance ISIN: AT0000645403 WKN: 726812 Index: ATX Prime Börsen: Wiener Börse AG / official dealing
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