DGAP-News: ams AG / Key word(s): Delisting
ams AG: ams OSRAM announces successful delisting offer and forthcoming delisting of OSRAM shares

23.06.2021 / 09:45
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ams OSRAM announces successful delisting offer and forthcoming delisting of OSRAM shares
  • Delisting offer acceptance period ended on 18 June 2021 at 24:00 CEST
  • 6,935,319 OSRAM shares have been tendered into the Delisting Offer
  • ams shareholding in OSRAM increased to 80.3% (including shares purchased in parallel)
  • Delisting of OSRAM shares from Frankfurt Stock Exchange expected for 30 June 2021
  • Settlement of Delisting Offer expected for 30 June 2021

Premstätten, Austria (23 June 2021) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces the results of the public delisting offer ("Delisting Offer") in the context of the forthcoming delisting of OSRAM Licht AG ("OSRAM") following the end of the four week acceptance period of the Delisting Offer on 18 June 2021 at 24:00 CEST.

At the end of the acceptance period, 6,935,319 OSRAM shares had been tendered into the Delisting Offer. This corresponds to approximately 7.2% of shares in OSRAM. Including the OSRAM shares purchased in parallel to the Delisting Offer, ams' shareholding in OSRAM has increased to 80.3%.

OSRAM's listing on the Frankfurt Stock Exchange is expected to be terminated as of 30 June 2021 and the listing on the Munich Stock Exchange will be terminated as of 30 September 2021. The settlement of the Delisting Offer is expected for 30 June 2021.

"We have achieved our objective for the Delisting Offer which was to streamline the corporate structure, and we have also added meaningfully to our shareholding in OSRAM," said Alexander Everke, CEO of ams OSRAM. "We are excited about the future prospects of ams OSRAM and look forward to continuing our successful integration to deliver on our strategic vision to create the uncontested leader in optical solutions."

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About ams OSRAM

The ams OSRAM Group, including the listed companies ams AG as parent company and OSRAM Licht AG, is a global leader in optical solutions. By adding intelligence to light and passion to innovation, we enrich people's lives. This is what we mean by Sensing is Life.

With over 110 years of combined history, our core is defined by imagination, deep engineering expertise and the ability to provide global industrial capacity in sensor and light technologies. We create exciting innovations that enable our customers in the consumer, automotive, healthcare and industrial sectors maintain their competitive edge and drive innovation that meaningfully improves the quality of life in terms of health, safety and convenience, while reducing impact on the environment.

Our around 30,000 employees worldwide focus on innovation across sensing, illumination and visualization to make journeys safer, medical diagnosis more accurate and daily moments in communication a richer experience. Our work creates technology for breakthrough applications, which is reflected in over 15,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) with a co-headquarter in Munich (Germany), the group achieved well over USD 5 billion combined revenues in 2020 (pro-forma). ams AG is a listed company on the SIX Swiss Exchange (SIX: AMS; ISIN: AT0000A18XM4). OSRAM Licht AG remains a listed company on the XETRA market in Germany (Xetra: OSR; ISIN: DE000LED4000).
More at https://ams-osram.com

ams is a registered trademark of ams AG. In addition many of our products and services are registered or filed trademarks of ams Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.

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Please note: The ams brand is owned by ams AG, the OSRAM brand is owned by OSRAM GmbH. ams group and OSRAM group are in the process of integration. The combination of the ams and OSRAM brand is not representing a new brand. This is a visual symbol of the two companies coming together, representing the aspiration of our future joined group.

Important notice:This announcement may contain statements about ams AG and/or its subsidiaries (together the "ams Group") that are or may be "forward-looking statements". Forward-looking statements include, without limitation, statements that typically contain words such as "anticipate", "target", "expect", "estimate", "intend", "plan", "believe", "hope", "aims", "continue", "will", "may", "should", "would", "could", or other words of similar meaning. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. ams Group cautions you that forward-looking statements are not guarantees of the occurrence of such future events or of future performance and that in particular the actual results of operations, financial condition and liquidity, the development of the industry in which ams Group operates and the outcome or impact of the acquisition and related matters on ams Group may differ materially from those made in or suggested by the forward-looking statements contained in this announcement. Any forward-looking statements speak only as at the date of this announcement. Except as required by applicable law, ams Group does not undertake any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise..



23.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ams AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams.com
Internet:https://ams.com
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange (Third Market (MTF))
EQS News ID: 1210890

 
End of News DGAP News Service

1210890  23.06.2021 

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