EQS-Adhoc: Kapsch TrafficCom AG divested its majority shareholding in and ceded control of Kapsch Telematic Services IOOO, Belarus, but remains substantially economically entitled to its business success.
EQS-Ad-hoc: Kapsch TrafficCom AG / Key word(s): Disposal
Kapsch TrafficCom AG divested its majority shareholding in and ceded
control of Kapsch Telematic Services IOOO, Belarus, but remains
substantially economically entitled to its business success.
11-Jun-2025 / 07:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group.
The issuer is solely responsible for the content of this announcement.
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Kapsch TrafficCom AG divested its majority shareholding in and ceded
control of Kapsch Telematic Services IOOO, Belarus, but remains
substantially economically entitled to its business success.
Vienna, June 11, 2025 Kapsch TrafficCom AG (ISIN: AT000KAPSCH9; the
„Company“) announces that it has relinquished control and the majority of
voting rights in Kapsch Telematic Services IOOO, based in Belarus, which
operates the nationwide tolling system in Belarus. The Company now holds
less than 50% of the shares in Kapsch Telematic Services IOOO. The parties
have agreed not to disclose the details of the transaction.
Kapsch Telematic Services IOOO has been deconsolidated from the Company´s
Group and the Company no longer generates revenue from Kapsch Telematic
Services IOOO.
Based on the purchase price structure on the one side and agreed inflow of
future earnings of Kapsch Telematic Services IOOO on the other side, the
Company remains substantially economically entitled to the business
success of Kapsch Telematic Services IOOO.
Contact for further information:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna, Austria
Phone +43 50 811 1120
[1]marcus.handl@kapsch.net
End of Inside Information
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11-Jun-2025 CET/CEST News transmitted by EQS Group. www.eqs.com
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Language: English
Company: Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna
Austria
Phone: +43 50811 1122
Fax: +43 50811 99 1122
E-mail: ir.kapschtraffic@kapsch.net
Internet: www.kapschtraffic.com
ISIN: AT000KAPSCH9
WKN: A0MUZU
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2153342
End of Announcement EQS News Service
2153342 11-Jun-2025 CET/CEST
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References
Visible links
1. marcus.handl@kapsch.net
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