EQS-Adhoc: ams-OSRAM AG: ams OSRAM publishes timetable for 10:1 reverse share split with expected first trading day of new shares on 30 September 2024

EQS-Ad-hoc: ams-OSRAM AG / Key word(s): Miscellaneous
ams-OSRAM AG: ams OSRAM publishes timetable for 10:1 reverse share split
with expected first trading day of new shares on 30 September 2024

24-Sep-2024 / 07:00 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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Ad hoc announcement pursuant to Art. 53 Listing Rules of SIX Swiss
Exchange

NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY,
INTO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA OR JAPAN OR ANY
OTHER JURISDICTION WHERE SUCH PUBLICATION IS UNLAWFUL

ams OSRAM publishes timetable for 10:1 reverse share split with expected
first trading day of new shares on 30 September 2024

• Shareholders approved reverse share split at a ratio of 10:1 at AGM on
14 June 2024
• 10 existing shares will be merged into 1 new share
• First trading day of the new shares expected on 30 September 2024

Premstaetten, Austria, and Munich, Germany (24 September 2024) — ams
OSRAM publishes timetable of the 10:1 reverse share split with expected
first trading day of new shares on 30 September 2024.

At the Annual General Meeting on 14 June 2024, ams OSRAM’s shareholders
approved the re-division of the Company’s share capital through a reverse
share split at a ratio of 10:1. The reverse share split was registered
accordingly with the Austrian companies register as of today (24 September
2024).

Today, ams OSRAM publishes the timetable of the envisaged reverse share
split:

• 27 September 2024: last trading day of the old shares (ISIN:
AT0000A18XM4) on SIX Swiss Exchange
• 30 September 2024: first trading day of the new shares (ISIN:
AT0000A3EPA4) on SIX Swiss Exchange (ex-date)

Through the reverse share split, 10 existing no-par value bearer shares
will be merged into 1 no-par value bearer share. This results in the
Company’s share capital of EUR 998,443,940 being divided into 99,844,394
bearer shares.

The reverse split of shares may result in fractions of new shares. This is
the case if shareholders hold a number of ams OSRAM shares that is not
divisible by 10 (or a multiple thereof) on 27 September 2024 after close
of trading. Fractions are rounded down and shareholders will receive cash
compensation (in CHF) for their fractions in ams OSRAM. The fractional
compensation will be financed by the sale of excess shares by the
custodian banks. The respective compensation amount will be based on the
market price of new shares and the actual achieved sale price at that
time.

The new shares issued following the reverse share split will have a new
International Securities Identification Number (ISIN) while the existing
shares held prior to the reverse share split will be cancelled.

ams OSRAM shareholders will be informed of the implementation of the
reverse share split by their custodian bank. Further information regarding
the reverse share split can be found in the Q&A published on ams OSRAM
website ([1]link).

 

Important notice: 

This press release is for informational purposes only and does not
constitute an offer to sell nor a solicitation to buy securities.

This announcement does not constitute or form a part of any offer or
solicitation to purchase or subscribe for securities in the United States
of America, Australia or Japan, or any other jurisdiction in which, or to
any person to whom, such offer or solicitation may be unlawful. Any
failure to comply with these restrictions may constitute a violation of
United States of America, Australian, Japanese or other applicable
securities laws.

The new shares of ams OSRAM have not been and will not be registered under
the U.S. Securities Act of 1933, as amended (the „Securities Act“) or the
securities laws of any state of the United States of America and may not
be offered or sold within the United States of America except pursuant to
an applicable exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state or
local securities laws. There has not been a public offering of shares in
the United States of America.

This announcement is not a prospectus according to Articles 35 et seqq. of
the Swiss Financial Services Act (the “FinSA”) and does not constitute and
shall not, in any circumstances, constitute a public offering nor an
invitation to the public in connection with any offer within the meaning
of the FinSA.

This announcement may contain statements about ams OSRAM (the “Company,”
and together with its subsidiaries, the “Group”) or the Group that are or
may constitute or include forward-looking statements. Forward-looking
statements are statements that are not historical facts and may be
identified by words such as “plans”, “targets”, “aims”, “believes”,
“expects”, “anticipates”, “intends”, “estimates”, “will”, “may”,
“continues”, “should” and similar expressions. These forward-looking
statements reflect, at the time made, the Group’s beliefs, intentions and
current targets/aims concerning, among other things, the Company’s or the
Group’s results of operations, financial condition, liquidity, prospects,
growth and strategies. Forward-looking statements include statements
regarding: objectives, goals, strategies, outlook and growth prospects;
future plans, events or performance and potential for future growth;
economic outlook and industry trends; developments of the Company’s or the
Group’s markets; and the strength of the Company’s or any other member of
the Group’s competitors. Forward-looking statements involve risks and
uncertainties because they relate to events and depend on circumstances
that may or may not occur in the future. The forward-looking statements in
this announcement are based upon various assumptions, many of which are
based, in turn, upon further assumptions, including without limitation,
management’s examination of historical operating trends, data contained in
the Group’s records and other data available from third parties. Although
the Group believes that these assumptions were reasonable when made, these
assumptions are inherently subject to significant known and unknown risks,
uncertainties, contingencies and other important factors which are
difficult or impossible to predict and are beyond its control.
Forward-looking statements are not guarantees of future performance and
such risks, uncertainties, contingencies and other important factors could
cause the actual outcomes and the results of operations, financial
condition and liquidity of the Company and other members of the Group or
the industry to differ materially from those results expressed or implied
in this announcement by such forward-looking statements. No assurances can
be given that the forward-looking statements will be realized. The
forward-looking statements speak only as of the date of this announcement.
The Group expressly disclaims any obligation or undertaking to release any
updates or revisions to any forward-looking statements to reflect any
change in the Group’s expectations with regard thereto or any changes in
events, conditions or circumstances on which any forward-looking
statements are based. No representation or warranty is made that any of
these forward-looking statements or forecasts will come to pass or that
any forecast result will be achieved. Undue influence should not be given
to, and no reliance should be placed on, any forward-looking statement.

 

 

About ams OSRAM:

The ams OSRAM Group (SIX: AMS) is a global leader in intelligent sensors
and emitters. By adding intelligence to light and passion to innovation,
we enrich people’s lives.  

 
With over 110 years of combined history, our core is defined by
imagination, deep engineering expertise and the ability to provide global
industrial capacity in sensor and light technologies. We create exciting
innovations that enable our customers in the automotive, industrial,
medical and consumer markets to maintain their competitive edge and drive
innovation that meaningfully improves the quality of life in terms of
health, safety and convenience, while reducing impact on the environment. 

Our around 20,000 employees worldwide focus on innovation across sensing,
illumination and visualization to make journeys safer, medical diagnosis
more accurate and daily moments in communication a richer experience. Our
work creates technology for breakthrough applications, which is reflected
in over 15,000 patents granted and applied. Headquartered in
Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
the group achieved EUR 3.6 billion revenues in 2023 and is listed as
ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4). 

 

Find out more about us on [2] https://ams-osram.com  

 

Ams is a registered trademark of ams-OSRAM AG. In addition, many of our
products and services are registered or filed trademarks of ams OSRAM
Group. All other company or product names mentioned herein may be
trademarks or registered trademarks of their respective owners.  

Join ams OSRAM social media channels: [3]>Twitter  [4]>LinkedIn 
[5]>Facebook  [6]>YouTube 

 

For further information

 

Investor Relations   Media Relations      

ams-OSRAM AG     ams-OSRAM AG   

Dr Juergen Rebel    Bernd Hops   

Senior Vice President    Senior Vice President   

Investor Relations    Corporate Communications 

T: +43 3136 500-0                    T: +43 3136 500-0  

[7]investor@ams-osram.com   [8]press@ams-osram.com     

 

End of Inside Information

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24-Sep-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock
Exchange (Vienna MTF)
EQS News ID: 1993829

 
End of Announcement EQS News Service

1993829  24-Sep-2024 CET/CEST

References

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