euro adhoc: Kapsch TrafficCom AG
Mergers - Acquisitions - Takeovers /
Announcement Pursuant to §93 BörseG
Not for publication in the United States of America, Canada, Australia and
Japan:
Kapsch TrafficCom AG: Schroder Investment Management ...
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Stock Activity
25.03.2008
Vienna, March 25, 2008. Pursuant to § 91 BörseG, Schroder Investment Management Limited notified the Company that it and its fellow subsidiaries and affiliates have passed below the threshold of 5% of voting rights in Kapsch TrafficCom AG with effect of 19 March 2008. The shares are held in portfolios managed by Schroder Investment Management Limited on a discretionary basis for clients.
Kapsch TrafficCom is an international supplier of innovative road traffic telematics systems, products and services. Its principle business is the development and supply of electronic toll collection (ETC) systems, in particular MLFF (multi-lane free-flow) ETC systems, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management. With more than 140 installed tolling systems in 30 countries in Europe, Australia, Latin America, the Asian/Pacific region and South Africa, and more than eleven million transponders and 11,000 equipped lanes, Kapsch TrafficCom has positioned itself among the market leaders in ETC systems worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 18 countries.
This release constitutes neither an offer to sell nor a solicitation
to buy any securities. The securities have already been sold. This
release is not being issued in the United States of America and must
not be distributed to U.S. persons (as defined in Regulation S of the
U.S. Securities Act of 1933, as amended ("Securities Act")) or
publications with a general circulation in the United States. This
press release does not constitute an offer or invitation to purchase
any securities in the United States. The securities of Kapsch
TrafficCom AG have not been registered under the Securities Act and
may not be offered, sold or delivered within the United States or to
U.S. persons absent from registration under or an applicable
exemption from the registration requirements of the United States
securities laws. This release is directed only at persons (i) who are
outside the United Kingdom or (ii) who have professional experience
in matters relating to investments falling within Article 19(5) of
the Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005 (as amended) (the "Order") or (iii) who fall within
Article 49(2)(a) to (d) ("high net worth companies, unincorporated
associations etc.") of the Order (all such persons together being
referred to as "Relevant Persons"). Any person who is not a Relevant
Person must not act or rely on this communication or any of its
contents. Any investment or investment activity to which this
communication relates is available only to Relevant Persons and will
be engaged in only with Relevant Persons.end of announcement euro adhoc
Further inquiry note:
For more information
Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Wagenseilgasse 1,1120 Wien, Austria
phone: +43 (0) 50 811 1122
mail: ir.kapschtraffic @ kapsch.net
www.kapschtraffic.com
Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime.market
Börsen: Wiener Börse AG / official market