PIERER Mobility AG

Legal Proceedings Report • Jul 16, 2015

publication: 16.07.2015 14:30 source: http://adhoc.pressetext.com/news/1437049800497 keywords: CROSS Industries AG / applications for judicial review / conversion ratio

Adhoc announcement according to article 48d section 1 BörseG

CROSS Industries AG: Applications have been filed for judicial review of the conversion ratio

Wels (pta021/16.07.2015/14:30) - Applications have been filed for judicial review of the conversion ratio established in the course of the merger

In the shareholders meetings of BF HOLDING AG, FN 78112 x, (the "Company") and CROSS Industries AG, FN 261823 i, held on 22 April 2015 it has been resolved to merge CROSS Industries AG as transferring entity into BF HOLDING AG as receiving entity. In the course of the execution of the merger the Company has increased its share capital from EUR 15,386,742 by EUR 210,000,000 to EUR 225,386,742 by issuing 210,000,000 new shares. These new shares have been allocated to Pierer Industrie

AG as sole shareholder of the transferring entity.

The merger has been registered with the company register effective as of 2 June 2015. As of the same day the legal name of BF HOLDING AG has been changed to CROSS Industries AG.

The Company announces that shareholders have filed motions pursuant to § 225c Austrian Stock Exchange Act requesting the judicial review of the conversion rate established in the course of the merger.

In case of questions please contact:

Mag. Michaela Friepeß Investor Relations info@crossindustries.at

emitter:	CROSS Industries AG Edisonstraße 1 4600 Wels Austria
contact person:	Mag. Michaela Friepeß
phone:	+43 7242 69402
e-mail:	info@crossindustries.at
website:	www.crossindustries.at
ISIN(s):	AT0000500913 (bond), AT0000820659 (share), AT0000A0WQ66 (bond)
stock exchanges:	official trade in Vienna; open market (free market) in Frankfurt

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