EANS-Adhoc: ams AG / ams announces share repurchase program to service obligations under long-term employee incentive programs, starting on 8 April 2020 EAE


06.04.2020 07:27


13,62 -0,27 -1,94%
Chart für: AMS AG
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.


Premstaetten - Premstaetten, Austria (6 April 2020) -- ams AG (SIX: AMS), a
leading worldwide supplier of high performance sensor solutions, announces that
the Management Board has decided to launch a share repurchase program comprising
up to 5% of the issued share capital. Based on the current outstanding number of
274,289,280 bearer shares, the maximum repurchase volume amounts to 13,714,464
bearer shares.

In line with the resolution by the Annual General Meeting on 5 June 2019, the
purpose of the new share repurchase program is to repurchase the necessary
shares to service obligations under long-term employee incentive programs taking
into account that under Austrian corporate law treasury shares are not entitled
to subscription rights in the context of a rights issue.

The repurchase of own shares shall be executed via the ordinary trading line on
SIX Swiss Exchange at market price. The repurchase program will commence on 8
April 2020 and will be upheld until 4 December 2021 at the latest. ams retains
the right to terminate the program at any time and has no obligation to purchase
own shares under this share repurchase program. The requirements set forth by
the Circular No 1 of the Swiss Takeover Board are complied with. Bank Vontobel
AG, Zurich (Switzerland), has been mandated to execute the share repurchase

Important notice:

This announcement constitutes neither an offer to sell nor a solicitation to buy
securities. Any public offer has been made solely by means of, and on the basis
of, a securities prospectus (including any amendments thereto, if any) approved
by the Austrian Financial Market Authority (Finanzmarktaufsichtsbehörde, "FMA")
and published in Austria. An investment decision regarding any publicly offered
securities of ams AG ("ams") should only be made on the basis of the securities
prospectus. The securities prospectus is available free of charge from ams
during usual business hours, or on the ams website.
This announcement is not for distribution or release, directly or indirectly, in
or into the United States of America (including its territories and possessions,
any State of the United States of America and the District of Columbia),
Australia, Canada, Japan or any other jurisdiction in which such distribution or
release would be unlawful. These materials do not constitute or form a part of
any offer or solicitation to purchase or subscribe for securities in the United
States of America, Australia, Canada or Japan, or any other jurisdiction in
which such offer or solicitation may be unlawful.
The shares of ams have not been and will not be registered under the U.S.
Securities Act of 1933 ("Securities Act") and may not be offered or sold within
the United States of America except pursuant to an applicable exemption from, or
in a transaction not subject to, the registration requirements of the Securities
Act. There will be no public offering of shares in the United States of America.
This announcement constitutes neither an offer to sell nor a solicitation to buy
securities and does not constitute a prospectus according to Articles 35 et
seqq. of the Swiss Financial Services Act ("FinSA") or Articles 652a and 1156 of
the Swiss Code of Obligations (as such articles were in effect immediately prior
to the entry into effect of FinSA) or Article 27 et seqq. of the SIX Swiss
Exchange Listing Rules. The offer is made solely by means of, and on the basis
of, the prospectus which is available free of charge, inter alia, from ams
during regular business hours, or on the ams website. An investment decision
regarding the publicly offered securities of ams should only be made on the
basis of the prospectus.
This communication does not constitute an "offer of securities to the public"
within the meaning of Regulation (EU) 2017/1129 (the Prospectus Regulation) of
the securities referred to herein in any member state of the European Economic
Area (the EEA). Any offers of the securities referred to in this announcement to
persons in the EEA is made pursuant to an exemption under the Prospectus
Regulation, as implemented in member states of the EEA, from the requirement to
produce a prospectus for offers of the Securities.
In the United Kingdom, this announcement is directed exclusively at Qualified
Investors (i) who have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005, as amended (the Order) or (ii) who
fall within Article 49(2)(a) to (d) of the Order, and (iii) to whom it may
otherwise lawfully be communicated, and any investment activity to which it
relates will only be engaged in with such persons, and it should not be relied
on by anyone other than such persons.

About ams
ams is a global leader in the design and manufacture of advanced sensor
solutions. Our mission is to shape the world with sensor solutions by providing
a seamless interface between humans and technology.
ams' high-performance sensor solutions drive applications requiring small form
factor, low power, highest sensitivity and multi-sensor integration. Products
include sensor solutions, sensor ICs, interfaces and related software for
consumer, communications, industrial, medical, and automotive markets.
With headquarters in Austria, ams employs about 9,000 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 https:
//ams.com [https://ams.com/]

Join ams social media channels:
>Twitter [https://twitter.com/amsAnalog] >LinkedIn [https://www.linkedin.com/
company/ams-ag] >Facebook [https://www.facebook.com/amsAnalog] >YouTube [https:/

Further inquiry note:
Moritz M. Gmeiner
Vice President Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com

end of announcement                         euro adhoc

issuer:       ams AG
Tobelbader Strasse   30
A-8141 Premstaetten
phone:        +43 3136 500-0
FAX:          +43 3136 500-931211
mail:         investor@ams.com
WWW:          www.ams.com
ISIN:         AT0000A18XM4
stockmarkets: SIX Swiss Exchange
language:     English

EAX0002    2020-04-06/07:27

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