euro adhoc: Kapsch TrafficCom AG
Mergers - Acquisitions - Takeovers
Kapsch
TrafficCom AG has today acquired 11,047,017 shares in Norwegian Q-Free ASA
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
16.01.2009
Vienna, January 16, 2009 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, today acquired 11,047,017 shares in Q-Free ASA at a price of NOK 10.00 per share, representing 20.47% of the outstanding shares in Q-Free ASA. Following the acquisition, Kapsch TrafficCom AG holds 20.47% of the shares and votes in Q-Free ASA. Kapsch TrafficCom is an international supplier of innovative road traffic telematics solutions. Its principle business is the development and supply of electronic toll collection (ETC) systems, in particular for the multi-lane free-flow (MLFF) of the traffic, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management. With more than 210 references in 33 countries in Europe, Australia, Latin America, in the Middle-East, in the Asian/Pacific region and in South Africa, and with almost 13 million delivered on-board units (OBUs) and nearly 11,300 equipped lanes, Kapsch TrafficCom has positioned itself among the leading suppliers of ETC systems worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 22 countries.
Legal information This release constitutes neither an offer to sell
nor a solicitation to buy any securities. This release is not being
issued in the United States of America and must not be distributed to
U.S. persons (as defined in Regulation S of the U.S. Securities Act
of 1933, as amended ("Securities Act")) or publications with a
general circulation in the United States. This press release does not
constitute an offer or invitation to purchase any securities in the
United States. The securities of Kapsch TrafficCom AG have not been
registered under the Securities Act and may not be offered, sold or
delivered within the United States or to U.S. persons absent from
registration under or an applicable exemption from the registration
requirements of the United States securities laws. This release is
directed only at persons (i) who are outside the United Kingdom or
(ii) who have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005 (as amended)
(the "Order") or (iii) who fall within Article 49(2)(a) to (d) ("high
net worth companies, unincorporated associations etc.") of the Order
(all such persons together being referred to as "Relevant Persons").
Any person who is not a Relevant Person must not act or rely on this
communication or any of its contents. Any investment or investment
activity to which this communication relates is available only to
Relevant Persons and will be engaged in only with Relevant Persons.end of announcement euro adhoc
Further inquiry note:
Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Am Europlatz 2,1120 Wien, Austria
phone: +43 (0) 50 811 1120
mail: ir.kapschtraffic @ kapsch.net
www.kapschtraffic.com
Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime.market
Börsen: Wiener Börse AG / official market