Contact
QR code for the current URL

Story Box-ID: 834660

ams-OSRAM AG Tobelbader Strasse 30 8141 Premstaetten, Austria https://ams.com
Contact Ms Otilia Ayats-Mas +1 469-298-4277
Company logo of ams-OSRAM AG
ams-OSRAM AG

ams announces completion of transaction to acquire Heptagon and related capital increase

(PresseBox) (Premstaetten, )
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.

Website Promotion

Website Promotion

ams-OSRAM AG

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.

ams social media
Follow us on Twitter https://twitter.com/amsAnalog
or share with LinkedIn http://www.linkedin.com/company/ams-ag?trk=hb_tab_compy_id_20853

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.