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][email protected]
    

   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:      [email protected]
   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

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