Release according to section 93 (2) Stock Exchange Act

Published On: September 20, 20131.6 min read315 words

AT&S Austria Technologie & Systemtechnik Aktiengesellschaft hereby announces pursuant to section 93 (2) Stock Exchange Act to have been notified by Erste Group Bank AG (FN 33209m) on 19 September as follows:

AT & S Austria Technologie & Systemtechnik Aktiengesellschaft Fabriksgasse 13, 8700 Leoben-Hintenberg (FN 55638x of the regional court Leoben) (“AT&S”) is currently conducting a subscription rights capital increase and an offering of new and xxTreasury Shares (the “Offering”). Erste Group Bank AG (“Erste Group”) will act as underwriter and as subscription agent in the course of the Offering.

In the context of the Offering on 17 September 2013 Erste Group in its function as subscription agent has agreed with the shareholders Androsch Privatstiftung, Franz-Josefs-Kai 5, 1010 Vienna (FN 183415d of the commercial court Vienna) and Dörflinger-Privatstiftung, Karl-Waldbrunner-Platz 1, 1210 Vienna (FN 182519k of the commercial court Vienna) on the transfer of subscription rights for shares in AT&S to Erste Group for purposes of implementing the Offering. Such subscription rights will not be exercised by the aforementioned shareholders in accordance with the agreement and will expire as worthless.

Transferror of subscription rights Number of subscription rights Number of shares that may be acquired on the basis of such subscription rights Voting rights related to the shares that could acquired if the subscription rights were exercised (range depending on the final volume of the capital increase) 
Androsch Privatstiftung 4,299,440 2,866,293 7.4 % – 9.8%
Dörflinger-Privatstiftung 783,237 522,158 1.3 % – 1.8%
Total 5,082,677 3,388,451 8.7 % – 11.6%

 
It needs to be noted that this notification is solely made as a precaution and formal reasons. The above mentioned subscription rights have only been transferred to Erste Group in its function as subscription agent and for purposes of implementing the Offering. Erste Group will in accordance with the agreement not exercise such subscription rights and will not acquire any shares by exercising such subscription rights and will accordingly not be in a position to exercise any voting rights in AT&S.