EQS-News: Kapsch TrafficCom AG: Settlement between Federal Republic of Germany and autoTicket completed.

EQS-News: Kapsch TrafficCom AG / Key word(s): Scheme of Arrangement
Kapsch TrafficCom AG: Settlement between Federal Republic of Germany and autoTicket
completed.

25.07.2023 / 14:17 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Settlement between Federal Republic of Germany and autoTicket completed.

Vienna, July 25, 2023 – As already published, a settlement agreement was reached on July
5, 2023 between autoTicket GmbH, a joint venture of Kapsch TrafficCom AG and CTS Eventim
AG Co. KGaA, and the Federal Republic of Germany and the arbitration proceedings
conducted due to the termination of the operations contract for the collection of the
infrastructure charge ("passenger car toll") were thus ended.

The settlement agreement has now been finalized, executed and is effective. The payment
of the amount of EUR 243 million to autoTicket GmbH by the Federal Republic of Germany
has already been effected.

 

Kapsch TrafficCom is a globally renowned provider of transportation solutions for
sustainable mobility with successful projects in more than 50 countries. Innovative
solutions in the application fields of tolling, tolling services, traffic management and
demand management contribute to a healthy world without congestion.

With one-stop-shop-solutions, the company covers the entire value chain of customers,
from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25
countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker
symbol: KTCG). In its 2021/22 financial year, 4,220 employees generated revenues of about
EUR 520 million.

 

Press contacts:                                            Investor contact:
                              Sandra Bijelic                
Carolin Treichl               Head      of       Corporate Marcus Handl, Valerie Riegler
Executive Vice President      Communications               Investor Relations team
Marketing & Communications    Kapsch TrafficCom AG         Kapsch TrafficCom AG
Kapsch Aktiengesellschaft     Am Europlatz 2               Am Europlatz 2
Am Europlatz 2                1120 Vienna, Austria         1120 Vienna, Austria
1120 Vienna, Austria          T +43 50 811 1720            T +43 50 811 1122
T +43 50 811 1710             [2]sandra.bijelic@kapsch.net [3]ir.kapschtraffic@kapsch.net
[1]carolin.treichl@kapsch.net                               

 

Further information: [4]www.kapsch.net/ktc  Follow us on Twitter and LinkedIn

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25.07.2023 CET/CEST This Corporate News was distributed 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: 1687899


    
   End of News EQS News Service


   1687899  25.07.2023 CET/CEST

References

   Visible links
   1. mailto:carolin.treichl@kapsch.net
   2. mailto:sandra.bijelic@kapsch.net
   3. mailto:ir.kapschtraffic@kapsch.net
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=25fd54bf6c0802ed7fac49ea41fcacb1&application_id=1687899&site_id=apa_ots_austria&application_name=news

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