EANS-Adhoc: Kapsch TrafficCom AG: Statement by Kapsch TrafficCom on the termination letters regarding the German infrastructure charge. EAE
6/19/2019, 12:02 PM
(Source: euro adhoc)
Kapsch Traffi...-2.01%
-------------------------------------------------------------------------------- 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 responsible for the content of this announcement. -------------------------------------------------------------------------------- Government Contracts 19.06.2019 Vienna - In 2018, MTS Maut & Telematik Services GmbH, a 100% subsidiary of Kapsch TrafficCom AG, was awarded the contract for planning, development, implementation, operation and maintenance of the automated ISA enforcement system (automatic enforcement) of the German infrastructure charge (passenger vehicle toll). Furthermore, a consortium consisting of Kapsch TrafficCom AG and CTS EVENTIM AG & Co. KGaA was commissioned with the collection of the German passenger vehicle toll. Today, Kapsch TrafficCom was informed by the customer about the termination of both contracts with effect of 30 September 2019. Currently, the termination and its consequences are being evaluated. The contracts contain protective provisions that guard against pecuniary damages for the operating company and its shareholders. This also applies in the event that the infrastructure charge is not introduced. Further inquiry note: Press contact: Alf Netek Chief Marketing Officer & Press Officer Kapsch Aktiengesellschaft Am Europlatz 2 1120 Vienna Austria T +43 50 811 1700 alf.netek@kapsch.net Alexandra Vieh Head of Marketing and PR, Global Kapsch TrafficCom AG Am Europlatz 2 1120 Vienna Austria T +43 50 811 1728 alexandra.vieh@kapsch.net Investor contact: Hans Lang Investor Relations Officer Kapsch TrafficCom AG Am Europlatz 2 1120 Vienna Austria T +43 50 811 1122 ir.kapschtraffic@kapsch.net end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1120 Wien phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English EAX0001 2019-06-19/12:02
Ad-hoc-Mitteilung übermittelt durch euro adhoc.
Für den Inhalt ist der Emittent verantwortlich.
Für den Inhalt ist der Emittent verantwortlich.