EANS-Adhoc: Czech government approves prolongation of tolling contract with Kapsch TrafficCom AG
11.07.2016 – 16:48
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Government Contracts 11.07.2016 Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, informs that Czech government approved the prolongation of the contract to operate the nationwide toll system for at maximum three years. During this period the current supplier will obtain from the state 6 billion CZK, these are approx. 221.9 million EUR. This was announced by minister of transport Dan Tok (ANO) to Czech news agency CTK on Monday. The Ministry of Transport will now start the negotiation with Kapsch about further contract details. The current contract with Kapsch TrafficCom is going to expire by the end of this year. Further inquiry note: Press Contact: Ingrid Lawicka Spokesperson Kapsch AG Am Europlatz 2, 1120 Vienna, Austria Phone: +43 50811 1705 E-mail: ingrid.lawicka@kapsch.net Investor Contact: Marcus Handl Investor Relations Officer Kapsch TrafficCom AG Am Europlatz 2, 1120 Vienna, Austria Phone: +43 50 811 1120 E-mail: ir.kapschtraffic@kapsch.net end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1121 Wien phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com sector: Technology ISIN: AT000KAPSCH9 indexes: Prime Market stockmarkets: official market: Wien language: English