Equity strengthening via capital increase

Kontron AG decides to increase its share capital by 10% to € 61,251,325.00 against cash contributions excluding subscription rights

Augsburg, April 06, 2017 – Kontron AG, a leading global provider of Embedded Computer Technology (ECT), announces that the management board of KONTRON AG (the „Company“) has decided today on the basis of the „Authorized Capital 2015“ created by the shareholders’ meeting 2015 with consent of the supervisory board that the share capital of the Company shall be increased from currently € 55,683,024.00 by € 5,568,301.00 to € 61,251,325.00 against cash contributions. This shall be implemented by issuance of 5,568,301 new bearer shares (the „New Shares“) having a pro rata amount of the share capital of € 1.00 per share with dividend right as of 1 January 2016. This capital increase in cash generates additional liquidity.

Excluding subscription rights of the existing shareholders the New Shares will be subscribed for a subscription price of € 3.02 by S&T Deutschland Holding AG, Ismaning, holding currently approx. 29.9% of the share capital of the Company. The Company will cash in approx. € 16.8 million (gross) from this capital increase.

S&T Deutschland Holding AG as well as its parent company, S&T AG (Linz, Austria), are exempted by a decision of the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – “BaFin”) on 6 April 2017 pursuant to Sec. 37 Para. 1 and 2 of the Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz – “WpÜG”) in connection with Sec. 9 Sentence 1 No. 3 WpÜG Offer Regulation (WpÜG-Angebotsverordnung) from the duty to publish the attainment of control in accordance with Sec. 35 Para. 1 Sentence 1 WpÜG, to submit to BaFin an offer document in accordance with Sec. 35 Para. 2 Sentence 1 WpÜG and to publish a mandatory offer in accordance with Sec. 35 Para. 2 Sentence 1 in connection with Sec. 14 Para. 2 Sentence 1 WpÜG in case they attain control over the Company as a result of the participation in the capital increase in cash from the Authorized Capital 2015 of the Company.

The New Shares shall be admitted to the regulated market of the Frankfurt stock exchange as well as to the segment of the regulated market with further admission obligations (Prime Standard) at the Frankfurt stock exchange and included in the existing listing of the listed shares of the Company (ISIN: DE 000 605 395 2).

The admission of the shares from the capital increase will be without a prospectus.

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About Kontron:

Kontron, a global leader in embedded computing technology and a pioneer in secure IoT platform solutions, provides a combined portfolio of hardware, middleware and services. With its leading-edge standard products and solution ready platforms, Kontron enables new technologies and applications across multiple industries. As a result, customers benefit from accelerated time-to-market, reduced total cost of ownership, product longevity and the best overall application with the highest reliability in embedded technology. Kontron is a listed company. Its shares are traded in the Prime Standard segment of the Frankfurt Stock Exchange and on other exchanges under the symbol "KBC". For more information, please visit: www.kontron.com

 

For additional information:
Alexandra Habekost
Head of Investor Relations & Corporate Communications
Kontron AG
Tel: +49 (0) 821 4086 114
Alexandra.Habekost@kontron.com

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