euro adhoc: Kapsch TrafficCom AG
Capital measures
Kapsch TrafficCom AG:
Greenshoe Option fully exercised
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
02.07.2007
Not for publication in the United States of America, Canada, Australia and Japan
Kapsch TrafficCom AG: Greenshoe Option fully exercised
Vienna, July 2, 2007. In connection with the initial public offering of Kapsch TrafficCom AG the greenshoe option for up to 340,000 shares was fully exercised by the Joint Bookrunners and Joint Lead Managers. Thus, the number of shares sold by KAPSCH-Group Beteiligungs GmbH in the course of the initial public offering increased to 1,500,000, with a free float comprising approximately 30%.
With the exercise of the greenshoe option KAPSCH-Group Beteiligungs GmbH will receive additional gross proceeds of EUR 10.88 Mio.
Kapsch TrafficCom is a leading international supplier of
innovative road traffic telematics systems, products and
services. The company primarily develops and supplies electronic
toll collection ("ETC") systems, in particular multi-lane free-flow
("MLFF") ETC systems, and provides commercial and technical
operation for ETC systems. In addition, Kapsch TrafficCom
provides traffic management systems, including traffic surveillance
systems, parking and access systems (on-street and off-street) and
traffic control systems. and the Company has established itself to
be among the world market leaders in ETC systems with more than
100 installations in 26 countries in Europe, Australia, Latin
America, the Asian/Pacific region and South Africa with a total of
more than nine million transponders and 11,000 equipped lanes. Kapsch
TrafficCom is headquartered in Vienna, Austria, and has
subsidiaries and representative offices in 18 countries. As of
March 31, 2007, Kapsch TrafficCom had 774 employees.This ad hoc release constitutes neither an offer to sell nor a solicitation to buy any securities. The securities have already been sold.
This ad hoc 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 ad hoc 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 02.07.2007 18:30:00
Further inquiry note:
Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Tel.: +43 (0) 50 811 1122
ir.kapschtraffic@kapsch.net
www.kapschtraffic.com
Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime.market
Börsen: Wiener Börse AG / official market