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    EANS-Adhoc  394  0 Kommentare Consortium of Kapsch TrafficCom AG and CTS EVENTIM to be commissioned to collect German passenger vehicle toll

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    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.
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    19.12.2018

    Vienna - The German Federal Ministry of Transport and Digital Infrastructure as
    the responsible contracting authority has informed Kapsch TrafficCom AG and CTS
    EVENTIM AG & Co. KGaA about its intention to award the contract regarding the
    collection of the German infrastructure charge ("passenger vehicle toll") to a
    joint consortium of both companies.

    Kapsch TrafficCom and CTS EVENTIM have taken part in the EU-wide tender for this
    project. The operating company shall be a joint venture in which both companies
    hold an equal stake of 50% and which is expected to be consolidated at equity.

    According to the regular time frames of German procurement law for the required
    notification of the losing bidders, the award of the contract is not possible
    before December 30, 2018. Should a losing bidder make use of their legal
    protection rights and, thus cause a prohibition of the award, the outcome of the
    legal proceedings under public procurement law would need to be further waited
    for.

    The contract between the Federal Republic of Germany and the operating company
    commences with the binding statement of award and has a base term of twelve
    years starting with the first collection of the infrastructure charge. The
    principal can extend the contract once for three years or three times by one
    year (hence, up to a total term of 15 years).

    For the operating company (i.e. the joint venture), the total volume throughout
    the minimum term of the contract amounts to almost EUR 2 billion (including
    VAT).




    Further inquiry note:
    Press contact:
    Alf Netek
    Chief Marketing Officer & Press Officer
    Kapsch Aktiengesellschaft
    Am Europlatz 2
    1120 Wien
    Österreich
    T +43 50 811 1700
    alf.netek@kapsch.net

    Alexandra Vieh
    Head of Marketing and PR, Global
    Kapsch TrafficCom AG
    Am Europlatz 2
    1120 Wien
    Österreich
    T +43 50 811 1728
    alexandra.vieh@kapsch.net

    Investor contact:
    Hans Lang
    Investor Relations Officer
    Kapsch TrafficCom AG
    Am Europlatz 2
    1120 Wien
    Österreich
    T +43 50 811 1122
    ir.kapschtraffic@kapsch.net

    end of announcement euro adhoc
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    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





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    EANS-Adhoc Consortium of Kapsch TrafficCom AG and CTS EVENTIM to be commissioned to collect German passenger vehicle toll - 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. - 19.12.2018 Vienna - The …