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ams AG

EANS-Adhoc: ams AG
ams announces completion of transaction to acquire Heptagon and related capital increase

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  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is solely responsible for the content of this announcement.
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Mergers - Acquisitions - Takeovers/Capital increase 
24.01.2017


Premstaetten, Austria (24 January 2017) - ams (SIX: AMS), a leading worldwide
supplier of high-performance sensor and analog solutions, announces the
completion of the transaction to acquire 100% of the shares in Heptagon and the
related capital increase of 11,011,281 new shares from authorized capital
excluding subscription rights. ams announced on 24 October 2016 that the company
had signed an agreement to acquire Heptagon, the worldwide leader in high
performance optical packaging and micro-optics.

The upfront consideration for the transaction includes approximately USD 64
million in cash, 5,450,586 ams shares from currently held treasury shares as
well as 11,011,281 new shares from authorized capital. The capital increase
creating the 11,011,281 new shares from authorized capital was registered with
the commercial register today and the shares are admitted to trading on the SIX
Swiss Exchange from tomorrow, 25 January 2017, onwards. The total number of
shares outstanding of ams AG will therefore be 84,419,826 no par value bearer
shares with a calculated nominal value of EUR 1.00 per share.

Following the registration, the selling shareholders of Heptagon hold
approximately 19.5% of the total registered share capital of ams. They are
subject to a market standard, staggered lock-up obligation ending in the second
quarter 2018.


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About ams

ams is a global leader in the design and manufacture of advanced sensor
solutions and analog ICs. Our mission is to shape the world with sensor
solutions by providing a seamless interface between humans and technology.

ams' high-performance analog products drive applications requiring extreme
precision, dynamic range, sensitivity, and ultra-low power consumption. Products
include sensor solutions, sensors, sensor interfaces and power management ICs
for consumer, communications, industrial, medical, and automotive markets.

With headquarters in Austria, ams employs over 2,900 people globally and serves
more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock
exchange (ticker symbol: AMS). More information about ams can be found at
www.ams.com.


Further inquiry note:
Moritz M. Gmeiner
Senior Director Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email:  investor@ams.com

end of announcement                               euro adhoc 
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issuer:      ams AG
             Tobelbader Strasse   30
             A-8141 Premstaetten
phone:       +43 3136 500-0
FAX:         +43 3136 500-931211
mail:         investor@ams.com
WWW:      www.ams.com
sector:      Technology
ISIN:        AT0000A18XM4
indexes:     
stockmarkets: official dealing: SIX Swiss Exchange 
language:   English

Original-Content von: ams AG, übermittelt durch news aktuell

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