EANS-Adhoc: Kapsch TrafficCom AG Intention to commission Kapsch TrafficCom
with a contract for the stationary enforcement of the German passenger car toll.
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Government Contracts/Contracts
10.10.2018
Vienna - Kapsch TrafficCom has taken part in the tender "planning, development,
implementation, operation and maintenance of the automated ISA enforcement
system (automatic enforcement)" for the enforcement of the German infrastructure
charge (passenger car toll). The responsible contracting authority has informed
Kapsch TrafficCom of its intention to award the contract to MTS Maut & Telematik
Services GmbH, a 100% subsidiary of Kapsch TrafficCom AG.
According to the regular time frames of German procurement law for the required
notification of the losing bidders, the award is not possible before October 22,
2018. In addition, should the losing bidders make use of their legal protection
rights which would cause a prohibition of the award, the outcome of the legal
proceedings under public procurement law would need to be further waited for.
The contract has a base term of twelve years starting with the first collection
of the infrastructure charge. The Federal Republic of Germany can extend the
contract once for three years or three times by one year (hence, up to a total
term of 15 years). Furthermore the Federal Republic of Germany has the option on
additional deliverables. Depending on the extent of additional deliverables to
be supplied, the order volume can be in the range of (for the total term) less
than EUR 100 million up to EUR 120 million.
While legal ownership on the toll enforcement equipment is transferred to the
Federal Republic of Germany at the time of installation, commercial ownership
remains with Kapsch TrafficCom Group until the end of the contract. The
enforcement of toll infringements is not within the scope of the contract and
will be performed by the responsible German authorities or separately
commissioned third parties.
Further inquiry note:
Alf Netek
Chief Marketing Officer & Press Officer
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50811 1700
E-mail: alf.netek@kapsch.net
Alexandra Vieh
Head of Marketing and PR, Global
Kapsch TrafficCom AG
Am Europlatz 2
1120 Wien
Österreich
Phone +43 50 811 1728
alexandra.vieh@kapsch.net
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50 811 1122
E-mail: ir.kapschtraffic@kapsch.net
end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1120 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
ISIN: AT000KAPSCH9
indexes:
stockmarkets: Wien
language: English