• 24.09.2024, 07:01:33
  • /
  • EQS0002

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.

   ══════════════════════════════════════════════════════════════════════════

   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

   ══════════════════════════════════════════════════════════════════════════

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

   ══════════════════════════════════════════════════════════════════════════

   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

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=77fb3f255a624b1ccf6c2bf434208561&application_id=1993829&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=8292dd00d17478c63e156302a1a5ac6c&application_id=1993829&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=abc52aadd1b09e752093ca366793ed46&application_id=1993829&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2e38dcb34f79060ddc9490cdb693d91b&application_id=1993829&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=fee19590191b3da17836d1a1e69e8177&application_id=1993829&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=928a9cd78ac8af8e0181c5f67885e5fb&application_id=1993829&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
   7. mailto:investor@ams-osram.com
   8. mailto:press@ams-osram.com

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT |

Bei Facebook teilen.
Bei X teilen.
Bei LinkedIn teilen.
Bei Xing teilen.
Bei Bluesky teilen

Stichworte

Channel