EANS-Adhoc: Kapsch TrafficCom AG: Statement by Kapsch TrafficCom on the termination letters regarding the German infrastructure charge. EAE

Wednesday, 19. June 2019 12:02
--------------------------------------------------------------------------------
  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

Related Links: Kapsch TrafficCom AG
Author:
Ad-hoc-Mitteilung übermittelt durch euro adhoc.
Für den Inhalt ist der Emittent verantwortlich.