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With the listing of KTM Industries AG (KTMI) one additional foreign company joins SIX Swiss Exchange.
The shares of KTM Industries AG („KTM Industries“) were primary listed today under the “International Reporting Standard” on SIX Swiss Exchange and traded for the first time. The opening price on SIX Swiss Exchange was CHF 4.90. Based on this price, the market capitalization of the listed shares amounts to CHF 1,104 billion. The company is already listed in the Regulated Market (Segment prime market) of the Vienna Stock Exchange.
The issued share capital of KTM Industries comprises 225‘386‘742 no-par-value ordinary bearer shares. A public offering of the company’s securities has not taken place.
The KTM Industries Group is a leading Austrian vehicle group with a strategic focus on the global automotive niche segment. With its worldwide renowned brands KTM, Husqvarna Motorcycles, WP and Pankl the group is among the technology and market leaders. Within the group there is a high degree of technological network, which is, in this form, unique in Europe. Strategic partnerships at an operational level strengthen the competitiveness in the respective markets. All these factors are the basis for the high innovation level of KTM Industries Group and ensure the organic growth course sustainably.
