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DGAP-News: Krones AG: Volker and Norman Kronseder arrange transfer of Krones shares to their children

DGAP-News: Krones AG: Volker and Norman Kronseder arrange transfer of Krones 
shares to their children 

DGAP-News: Krones AG / Key word(s): Miscellaneous
Krones AG: Volker and Norman Kronseder arrange transfer of Krones
shares to their children

23.10.2013 / 09:58

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23 October 2013
Corporate news release

Volker and Norman Kronseder arrange transfer of 
Krones shares to their children 

Volker Kronseder, Chairman of the Executive Board, and Norman Kronseder,
Member of the Supervisory Board, are making arrangements to ensure the
future orderly transfer of their Krones shares to their children. To this
end, they have signed agreements that comply with current tax and legal
requirements. Volker Kronseder has placed shares in a foundation for this
purpose.

Thus, Volker and Norman Kronseder have taken proactive steps to continue
the company's tradition as a successful family enterprise. The existing
pooling agreement, under which the voting rights of all members of the
Kronseder family and their enterprises are exercised as a voting trust,
remains unaffected by the transfer agreements described above. In this way,
the Kronseder family retains a 51.85% stake and remains a stable majority
shareholder of Krones AG.

Your contact person:
Olaf Scholz
Senior Vice President of Investor Relations Krones AG
Phone: +49 9401 70-1169 
E-mail: olaf.scholz@krones.com


End of Corporate News

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23.10.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:    English                                                    
Company:     Krones AG                                                  
             Böhmerwaldstraße 5                                         
             93073 Neutraubling                                         
             Germany                                                    
Phone:       +49 (0)9401 701169                                         
Fax:         +49 (0)9401 709 1 1169                                     
E-mail:      investor-relations@krones.com                              
Internet:    www.krones.com                                             
ISIN:        DE0006335003                                               
WKN:         633500                                                     
Indices:     MDAX                                                       
Listed:      Regulierter Markt in Frankfurt (Prime Standard), München;  
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart      
 
 
End of News    DGAP News-Service  
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235740 23.10.2013                                                      
 
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