ams AG, with its corporate seat at Tobelbader Strasse 30, 8141 Premstaetten, Austria ('ams' or 'Company'), has issued on 28 September 2017 a 0.875% convertible bond in the amount of USD 350,000,000 with a five-year maturity (until 28 September 2022) and a denomination of USD 200,000 per bond (ISIN: DE000A19PVM4) ('USD-Convertible Bond'). The ams-bearer shares, which are listed on the SIX Swiss Exchange (ISIN: AT0000A18XM4) ('ams-Bearer Shares'), necessary in case of a conversion of the USD-Convertible Bond will be, at the sole discretion of the Company, either created from authorized or conditional capital of the Company or delivered from already existing ams-Bearer Shares. The USD-Convertible Bond is admitted to trading on the Open Market of the Frankfurt Stock Exchange (ISIN: DE000A19PVM4).

On 5 March 2018, ams has issued a zero-coupon convertible bond in the amount of EUR 600,000,000 with a seven-year maturity (until 5 March 2025) and a denomination of EUR 200,000 per bond (ISIN: DE000A19W2L5) ('EUR-Convertible Bond', and together with the USD-Convertible Bond, 'Convertible Bonds'). The ams-Bearer Shares necessary in case of a conversion of the EUR-Convertible Bond will be, at the sole discretion of the Company, either created from authorized or conditional capital of the Company or delivered from already existing ams-Bearer Shares. The EUR-Convertible Bond is also admitted to trading on the Open Market of the Frankfurt Stock Exchange (ISIN: DE000A19W21L5).

The management board of ams has decided on 6 November 2018 to repurchase the Convertible Bonds up to a maximum amount of USD 100,000,000 (at the date of this repurchase announcement corresponding to approximately EUR 89,000,000 or CHF 101,000,000).

The share capital of the Company is currently divided into 84,419,826 ams-Bearer Shares. Based thereon, the agreed partial repurchase of the Convertible Bonds relates to sale rights in the total maximum amount of 9.10% of the share capital.

ams' current share repurchase program for ams-Bearer Shares, which will be upheld until 8 November 2019 at the latest, remains unaffected by the present repurchase program for the Convertible Bonds.

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ams AG published this content on 12 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 March 2019 17:37:09 UTC