euro adhoc: AvW INVEST AG / AvW holds 7.7% of Pankl Racing (E)

Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

The Carinthian investment group AvW hereby announces that the AvW Group has increased its shareholding in the Styrian high-tech company Pankl Racing Systems AG to 7.706% (299,607 ordinary bearer shares). AvW Management Beteiligungs AG's holding has risen from 2.81% to 5.015% (195,000 shares), whilst AvW Invest AG now holds 2.691% of Pankl Racing Systems AG.

Major investments of the AvW Group are as follows:

100% AvW Wertpapierhandelshaus domiciled in Frankfurt/Germany 75% Bürger & Service GmbH domiciled in Bregenz/Austria 40% FGN Wertpapierhandelshaus und Beteiligungs AG domiciled in Frankfurt/Germany 40% New Econ AG domiciled in Wiesbaden/Germany

Listed investments:

70% AvW Invest AG - Vienna Stock Exchange, ATX Prime 10% Hirsch Servo AG - Vienna Stock Exchange, Auction Market 7.7% Pankl Racing Systems AG - Frankfurt Stock Exchange, Prime Standard

Constructive listed value investments below 5%:

Constantia Group - Vienna Stock Exchange, ATX Prime Schoeller-Bleckmann - Vienna Stock Exchange, ATX Prime Rosenbauer - Vienna Stock Exchange, ATX Prime Gericom - Frankfurt Stock Exchange, SDAX

AvW will continue in future to focus its investments on a combination of value and growth stocks, and will steadily increase the size of its holdings. In the core business financial services we look for profitable enterprises in the insurance or financial service range in Austria and Germany.

AvW participating certificates of AvW Management-Beteiligungs AG are listed on the unofficial market at the Frankfurt Stock Exchange (AVWIga.F).
AvW Invest ordinary shared are listed on the Vienna Stock Exchange ATX Prime Market (AVWI.VI), whilst AvW Invest preference shares are listed on the Auction Market (AVWI_p.VI).
The Pankl Racing Systems AG shares are listed on the Frankfurt Stock Exchange Prime Standard (PARS.DE).

Further inquiry note:
Mag. Alexandra Anthofer
Tel: +43(0)4229 3621
FAX: +43(0)4229 2386

Emittent: AvW INVEST AG Hauptstrasse 118 AT-9201 Krumpendorf Tel: +43(0)4229 3621 FAX: +43(0)4229 2386 Email: WWW: ISIN: AT0000930409 WKN: 093040 Indizes: Börsen: official dealing Wiener Börse AG; free trade

end of announcement euro adhoc

Baden-Württembergische Wertpapierbörse, Frankfurter Wertpapierbörse Branche: Financial & Business Services
Sprache: Englisch