KTM: Capital Increase Completed Successfully

Business › n.a. ♦ Published: June 21, 2011; 15:46 ♦ (Vindobona)

The Austrian motorcycle manufacturer strengthened its share capital by € 14m by issuance of 400,000 new bearer shares. Main shareholders are CROSS Industries with 50.1% and Bajaj with 39.79%.

KTM: Capital Increase Completed Successfully / Picture: © KTM

As of June 15, 2011 – the end of the subscription period – the share capital of KTM Power Sports AG was increased against contribution in cash and contribution in kind from € 10,109,000 to a total of € 10,509,000. In accordance with the resolution of the General Meeting of 26 April 2011 the share capital was increased against contribution in kind by € 355,000 through the issue…

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