EQS-Adhoc: AT&S Austria Technologie & Systemtechnik AG: AT&S considers capital measure

EQS-Ad-hoc: AT&S Austria Technologie & Systemtechnik AG / Key word(s):
Corporate Action
AT&S Austria Technologie & Systemtechnik AG: AT&S considers capital
measure

13-Nov-2023 / 22:40 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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AT&S considers capital measure

 

Disclosure of inside information pursuant to Article 17 MAR

 

NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY,
IN OR WITHIN THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS,
ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA,
CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE DISTRIBUTION, PUBLICATION OR
TRANSMISSION OF THIS COMMUNICATION IS UNLAWFUL. OTHER RESTRICTIONS APPLY.
PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS PUBLICATION.

 

Leoben – To support the further development of the company, the Executive
Board of AT&S considers to increase the share capital of the Company from
authorized capital against cash contributions and to possibly implement
further capital measures, whereby the aggregate volume of such potential
capital measures may amount to up to 50% of the current share capital of
AT&S. The details related thereto are still to be determined.

 

In order to support the success of such potential capital measures, AT&S
has engaged in negotiations with Österreichische Beteiligungs AG (ÖBAG)
concerning the potential subscription by the latter within the potential
capital measures (whereby according to the current state of negotiations a
participation of at least 25% +1 share of the share capital of AT&S would
be sought). Moreover, the Executive Board of AT&S has decided to start
talks with potential other new investors about a possible investment.

 

The implementation of potential capital measures and the potential
investment by investors depends, among other things, on the passing of any
required corporate resolutions, agreement with the potential investor as
well as evaluation of the then prevailing market conditions.

 

The final approval of the Supervisory Board of AT&S is still outstanding.
The Company will promptly inform once the necessary decision of the
Supervisory Board has been passed and will, thereafter, provide timely
information on the details of the potential capital measures.

 

Important Notice

This information neither constitutes any offer to sell nor any
solicitation of any offer to buy or subscribe for any shares in the United
States, Australia, Canada, Japan or any other jurisdiction in which such
offer or solicitation may be unlawful, nor does it form part of any such
offer or such solicitation. It is not intended to register any shares
issued in a potential capital increase under the registration requirements
of the U.S. Securities Act of 1933 (the “Securities Act”).

 

Potential shares may not be offered or sold in the United States absent
registration or an exemption from the registration requirements of the
Securities Act. There will be no public offering of potential shares in
the United States of America.

 

This information may only be distributed and is only directed at (i)
persons who are outside the United Kingdom, or (ii) professional investors
within the meaning of Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net
worth companies and other persons to whom the information is lawfully made
available falling within Article 49(2)(a) to (d) of the Order (all such
persons together being referred to as “Relevant Persons”). Potential
shares are available only to Relevant Persons and any invitation to
subscribe for, purchase or otherwise acquire such securities or any offer
or agreement in respect thereof will be made only to/with Relevant
Persons. Any person who is not a Relevant Person should not act or rely on
this document or any of its contents.

 

In any EEA Member State outside Austria, this communication is directed
solely at “qualified investors” in that Member State within the meaning of
Article 2(e) of the EU Regulation 2017/1129 (the “Prospectus Regulation”).

 

This publication constitutes neither an offer to sell nor a solicitation
to buy securities. A potential offer will be made solely by means of and
on the basis of the published securities prospectus approved by the
Financial Market Authority (FMA), the approval of which shall not be
construed as an endorsement of the securities offered. An investment
decision regarding any publicly offered securities of the Company should
only be made on the basis of the securities prospectus. In the event that
the potential capital increase is implemented, the related securities
prospectus will be published without undue delay after approval by the FMA
and made available in electronic form on the website of the Company; a
printed copy will in such case be available upon request at the registered
office of the Company, Fabriksgasse 13, 8700 Leoben, Austria, during
normal business hours.

 

Stabilization / EU Regulation 2014/596 / EU Regulation 2016/1052 /
Austrian Law.

This announcement does not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities in any jurisdiction.

 

 

 

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced
Technologies & Solutions
AT&S is a globally leading manufacturer of high-end IC substrates and
printed circuit boards. AT&S industrialises
leading-edge technologies for its core business segments IC Substrates,
Mobile Devices, Automotive & Aerospace, Industrial and Medical. AT&S has a
global presence with production sites in Austria (Leoben, Fehring) and
plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan
near Seoul). A new high-end production site for IC substrates is currently
being established in Kulim, Malaysia. In Leoben, a European competence
centre including series production is being built.
The company employs roughly 14,000 people. For further information please
visit [1] www.ats.net

 

 

 

Press contact:

Gerald Reischl, Vice President Corporate Communications

Tel: +43 3842 200 4252; Mobile: +43 664 8859 2452; [2]g.reischl@ats.net

 

Investor Relations contact:

Philipp Gebhardt, Senior Director Investor Relations

Tel: +43 3842 200 2274; Mobile: +43 664 7800 2274; [3]p.gebhardt@ats.net

 

 

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft

Fabriksgasse 13
8700 Leoben / Austria
[4] www.ats.net

End of Inside Information

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

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Language: English
Company: AT&S Austria Technologie & Systemtechnik AG
Fabriksgasse 13
8700 Leoben
Austria
Phone: +43 (1) 3842200-0
E-mail: ir@ats.net
Internet: www.ats.net
ISIN: AT0000969985, AT0000A09S02
WKN: 922230
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Vienna Stock Exchange (Official Market)
EQS News ID: 1772285

 
End of Announcement EQS News Service

1772285  13-Nov-2023 CET/CEST

References

Visible links
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2. g.reischl@ats.net
3. p.gebhardt@ats.net
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