EQS-Adhoc: Kapsch TrafficCom AG: Capital increase of up to 1,300,000 new shares from authorized capital starting.

EQS-Ad-hoc: Kapsch TrafficCom AG / Key word(s): Capital Increase
Kapsch TrafficCom AG: Capital increase of up to 1,300,000 new shares from
authorized capital starting.

21-Nov-2023 / 08:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

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NOT FOR RELEASE OR DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA,
AUSTRALIA, CANADA OR JAPAN

Capital increase of up to 1,300,000 new shares from authorized capital
starting.

Vienna, November 21, 2023 – The management board of Kapsch TrafficCom AG
(FN 223805a; ISIN AT000KAPSCH9) resolved this morning to pursue a capital
increase from authorized capital through the issuance of up to 1,300,000
new ordinary no-par value bearer shares (corresponding to up to 10% of the
existing share capital), thereof up to 477,217 shares against cash
contributions and up to 822,783 shares against contributions in kind.
Subscription rights of shareholders for the proposed capital increase from
authorized capital have been excluded by the annual general meeting on
September 6, 2023. New shares will carry full dividend rights from and
including the pending fiscal year 2023/2024.

The company has asked the Vienna Stock Exchange to suspend trading in the
company’s shares (ISIN AT000KAPSCH9) on the Official Market of the Vienna
Stock Exchange. The suspension of trading in the shares is to last until
the result of the transaction is published.

The shares will be offered to domestic and international institutional
investors through an accelerated book-building process to be launched
immediately. The shares will not be offered to the public. The final
number of new shares and the offer price is expected to be determined by
the management board, with approval of the supervisory board, in the
course of today.

Raiffeisen Bank International AG was commissioned to carry out the cash
capital increase.

KAPSCH-Group Beteiligungs GmbH, the company’s majority shareholder,
confirmed to participate in the capital increase pro rata to its existing
participation of 63.291%. Participation by KAPSCH-Group Beteiligungs GmbH
will be against contributions in kind (receivables against Kapsch
TrafficCom AG). Thus, KAPSCH-Group Beteiligungs GmbH will subscribe for
approx. 63.291% of the new shares, being up to 822,783 new shares against
contributions in kind.

Application will be made to admit the up to 1,300,000 new shares to
trading on the Official Market (Prime Market Segment) of the Vienna Stock
Exchange. The first trading day in the new shares on the Vienna Stock
Exchange is expected to be November 24, 2023.

Kapsch TrafficCom intends to use the net proceeds from the placement for
general corporate purposes and the placement is made to strengthen its
equity base.

Disclaimer:

Disclosure of an inside information acc. to Article 17 of the Market Abuse
Regulation (EU) No 596/2014. It constitutes neither a financial analysis
nor advice or recommendation relating to financial instruments, nor an
offer, solicitation or invitation to buy or sell securities of Kapsch
TrafficCom AG.

This announcement does not constitute or form a part of any offer or
solicitation to purchase or subscribe for securities in the United States,
Australia, Canada or Japan, or any other jurisdiction in which such offer
or solicitation may be unlawful. The securities may not be offered or sold
in the United States, absent registration or an exemption from the
registration requirements of the US Securities Act of 1933, as amended
(the “Securities Act”). The securities mentioned herein have not been, and
will not be, registered under the Securities Act.

In member states of the European Economic Area („EEA“), this announcement
is only addressed to and directed at persons who are ‚qualified investors‘
within the meaning of Article 2 lit. (e) of the Regulation (EU) 2017/1129
(„Qualified Investors“). In the United Kingdom, this announcement is only
addressed to and directed at Qualified Investors who are persons (i) who
have professional experience in matters relating to investments falling
within Article 19(5) (investment professionals) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the
„Order“) or (ii) falling within Article 49(2)(a) to (d) (high net worth
companies, incorporated associations, etc.) of the Order.

 

Contact:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna, Austria
Phone +43 50 811 1120
[1]marcus.handl@kapsch.net
 

Further information: [2] www.kapsch.net/ktc

 

End of Inside Information

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21-Nov-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna
Austria
Phone: +43 50811 1122
Fax: +43 50811 99 1122
E-mail: ir.kapschtraffic@kapsch.net
Internet: www.kapschtraffic.com
ISIN: AT000KAPSCH9
WKN: A0MUZU
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1777571

 
End of Announcement EQS News Service

1777571  21-Nov-2023 CET/CEST

References

Visible links
1. marcus.handl@kapsch.net
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=25fd54bf6c0802ed7fac49ea41fcacb1&application_id=1777571&site_id=apa_ots_austria&application_name=news