Palfinger AG to Sell Treasury Shares via Accelerated Bookbuilding

Palfinger AG, based in Bergheim, Austria, announced the launch of an accelerated bookbuilding process to sell up to 2,826,516 treasury shares. This represents up to 7.5% of the company's share capital and targets institutional investors. The process excludes subscription rights of existing shareholders, as authorized by a recent general meeting.

The proceeds will support the expansion of service structures in Europe and North America, pursue growth opportunities in North America and Asia, and enhance activities in the defense sector. Additionally, the sale aims to bolster the company’s capital structure. The final share price and quantity will be decided post-bookbuilding.

This action aligns with legal requirements and targets qualified investors, excluding jurisdictions like the United States and others where such sales are restricted.