EANS-Adhoc: Kapsch TrafficCom AG Purchase of Minority Stake in the Czech
Kapsch Telematic Services spol. s r.o.
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Mergers - Acquisitions - Takeovers
31.05.2016
Vienna, May 31, 2016 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed in the
Prime Market of the Vienna Stock Exchange, informs that the remaining 48% of the
shares on the Czech Kapsch Telematic Services spol. s r.o., Prague are being
acquired via its subisidary Kapsch Telematic Services GmbH. Kapsch Telematic
Services spol. s r.o., on which Kapsch TrafficCom AG currently holds via its
subsidiary Kapsch Telematic Services GmbH 52% is the company which is
responsible for the operations of the nationwide electronic toll collection
system in the Czech Republic. The agreement is subject to the fulfillment of a
condition precedent in the form of a required consent.
The release can be downloaded from http://www.kapsch.net/ktc/investor_relations/
announcements/ad-hoc-announcements/ktc_20160531_adhoc?lang=en-US
Further inquiry note:
Press contact:
Ingrid Lawicka
Spokesperson
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50 811 1705
E-mail ingrid.lawicka@kapsch.net
Investor contact:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50 811 1120
E-mail ir.kapschtraffic@kapsch.net
end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1121 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
sector: Technology
ISIN: AT000KAPSCH9
indexes: Prime Market
stockmarkets: official market: Wien
language: English