KTM Industries AG (WBAG:CIAG) made an offer to acquire an additional 3.02% stake in Pankl Racing Systems AG (WBAG:PARS) for €4 million on January 3, 2018. KTM Industries offered to acquire 0.1 million shares at €42.18 per share. KTM Industries holds 94.53% stake in Pankl. The purpose of the offer is the termination of the admission to trade the shares of Pankl Racing Systems AG on the Vienna Stock Exchange.  The offer can be accepted from February 2, 2018 until March 23, 2018. UniCredit Bank Austria AG acted as acceptance and paying agent.