Ru\u00dfbach, December 3, 2024<\/p>\n
The Executive Board of RWT AG has just been informed of the online article published on Motorsport-Total with the headline \u201eAs a result of insolvency: KTM stops the development of the MotoGP bike!\u201c (URL as of 12\/03\/2024, 10:45 AM CET: https:\/\/www.motorsport-total.com\/motogp\/news\/als-folge-der-insolvenz-ktm-stoppt-die-entwicklung-des-motogp-bikes-24120301). The Executive Board has no means to verify the accuracy of the information. Furthermore, no communications or information indicating changes in already issued orders have been received by the subsidiary RWT Hornegger & Thor GmbH to date. This aligns with the statement in the article: \u201eKTM has never questioned participating in the 2025 MotoGP season.\u201c<\/p>\n
The stated attitude by the development of the new MotoGP bikes, if applicable, could have an impact on the subsidiary's revenue that cannot currently be estimated. The impact depends on whether the current models of the MotoGP bikes will continue to be manufactured despite the development freeze. <\/p>\n
The article, citing Dorna Sports, the MotoGP rights holder, states: \u201eHowever, it leaked from the offices of MotoGP rights holder Dorna that the championship promoter has serious doubts about seeing KTM in the field next year.\u201c This concern is countered in the article by reporting on the KTM Group's intention to definitely remain in motorsport and MotoGP. <\/p>\n
A withdrawal of KTM Racing GmbH from motorsport would have currently incalculable but certainly significant effects on the revenue and earnings of RWT Hornegger & Thor GmbH, which could also have significant effects on RWT AG, as on the one hand dividend payments would be jeopardized and on the other hand it cannot be ruled out that the effects could necessitate an impairment of the investment in RWT Hornegger & Thor GmbH.<\/p>\n
The Management Board currently has no way of estimating whether and to what extent the possible developments described in the article will actually occur and to what extent. In this respect, a concrete assessment of the effects is also not possible. In view of the fact that more than half of the annual turnover of RWT Hornegger & Thor GmbH is generated with KTM Racing GmbH, it was already necessary to report on the possible consequences, even though the Management Board cannot estimate the probability of occurrence. <\/p>\n
Legal Notice \/ Disclaimer:
\nThis announcement is a mandatory disclosure in accordance with Article 17 of the Market Abuse Regulation. This announcement does not constitute an offer to purchase securities or an invitation to submit an offer to purchase securities of RWT AG. Any future offering of securities of the company will be made in compliance with and based on the applicable capital market regulations.<\/p>\n
THIS COMMUNICATION IS NOT FOR PUBLICATION OR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.<\/p>\n
Follow-up request and contact information:<\/p>\n
RWT AG
\nGseng 90
\nA-5442 Russbach
\nAustria<\/p>\n
Contact person:
\n+43 6242 471
\nr.thor@r-w-t.com <\/p>","protected":false},"excerpt":{"rendered":"
Ru\u00dfbach, am 03.12.2024 Dem Vorstand der RWT AG wurde soeben eben der auf Motorsport-Total publizierte Online-Artikel mit der \u00dcberschrift \u201eAls Folge der Insolvenz: KTM stoppt die Entwicklung des MotoGP-Bikes!\u201c (URL am 3.12.2024, 10:45 Uhr MEZ: https:\/\/www.motorsport-total.com\/motogp\/news\/als-folge-der-insolvenz-ktm-stoppt-die-entwicklung-des-motogp-bikes-24120301) zur Kenntnis gebracht. Der Vorstand hat keine M\u00f6glichkeit, den Wahrheitsgehalt zu \u00fcberpr\u00fcfen. Ferner sind bisher bei der Tochtergesellschaft RWT […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-4206","post","type-post","status-publish","format-standard","hentry","category-ad-hoc-meldungen"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t