EANS-Adhoc: ams AG ams statement with regards to recent publication by OSRAM
Licht AG
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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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Mergers - Acquisitions - Takeovers
16.07.2019
Premstaetten - Premstaetten, Austria (16 July 2019) -- ams AG (SIX: AMS), a
leading worldwide supplier of high performance sensor solutions, notes a recent
publication by OSRAM Licht AG regarding a preliminary, non-binding expression of
interest by ams for OSRAM Licht AG.
ams confirms that it has been engaged in discussions with OSRAM Licht AG
regarding a potential transaction as ams is constantly evaluating potential
opportunities in light of its technology-led strategy. ams requires
opportunities to be strategically compelling and demonstrably value enhancing in
order to consider pursuing a M&A transaction.
However, following an evaluation of recent developments ams does not see a
sufficient basis for continuing these discussions with OSRAM Licht AG.
ams is very pleased with the operating momentum of its business and committed to
maintaining a prudent capital structure which is a key consideration in pursuing
any M&A transaction.
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About ams
ams is a global leader in the design and manufacture of advanced sensor
solutions. Our mission is to shape the world with sensor solutions by providing
a seamless interface between humans and technology.
ams' high-performance sensor solutions drive applications requiring small form
factor, low power, highest sensitivity and multi-sensor integration. Products
include sensor solutions, sensor ICs, interfaces and related software for
consumer, communications, industrial, medical, and automotive markets.
With headquarters in Austria, ams employs about 9,000 people globally and serves
more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock
exchange (ticker symbol: AMS). More information about ams can be found at
www.ams.com
Join ams social media channels:
>Twitter [https://twitter.com/amsAnalog] >LinkedIn [https://www.linkedin.com/
company/ams-ag] >Facebook [https://www.facebook.com/amsAnalog] >YouTube [https:/
/www.youtube.com/user/amsAnalog]
ams is a registered trademark of ams AG. In addition many of our products and
services are registered or filed trademarks of ams Group. All other company or
product names mentioned herein may be trademarks or registered trademarks of
their respective owners. Information provided in this press release is accurate
at time of publication and is subject to change without advance notice.
Further inquiry note:
Moritz M. Gmeiner
Vice President Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com
end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Premstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
ISIN: AT0000A18XM4
indexes:
stockmarkets: SIX Swiss Exchange
language: English