on PIERER Mobility AG (isin : AT0000KTMI02)
PIERER Mobility AG Gains Strong Shareholder Support at Extraordinary Meeting
On January 27, 2025, PIERER Mobility AG held an Extraordinary General Meeting where all shareholder proposals were approved. This marks a critical phase in KTM AG's 90-day restructuring process.
Stephan Zöchling was elected to the Supervisory Board, receiving over 96% approval, with his term extending until the conclusion of the 2028 Annual General Meeting. The board continues to have six members elected by the AGM.
The meeting also granted the Executive Board authority, with 99% approval, to issue financial instruments such as convertible bonds and profit participation rights. This excludes shareholders' subscription rights and supersedes the previous authorization from April 21, 2023.
Stephan Zöchling expressed gratitude, emphasizing the potential growth of the KTM brand and commitment to advancing PIERER Mobility's position in the industry.
R. E.
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