ams OSRAM announces end of convertible bonds repurchase program
Premstaetten, Austria (3 January 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces that its convertible bonds repurchase program announced on 22 March 2021 ended on 30 December 2021 due to the expiry of its term.
The cumulative amounts repurchased under the convertible bonds repurchase program are as follows:
Convertible Bond |
ISIN |
Total Repurchased Volume (notional) |
Total Cash Expenditure (EUR) |
% Voting Rights Represented |
USD Convertible Bond |
DE000A19PVM4 |
- |
- |
0.00% |
EUR Convertible Bond |
DE000A19W2L5 |
EUR 77,000,000 |
67,273,956 |
0.33% |
EUR Convertible Bond |
DE000A283WZ3 |
- |
- |
0.00% |
|
|
|
67,273,956 |
0.33% |
The repurchase of the convertible bonds has been executed at market price via over-the-counter trading (OTC trading) and, where appropriate, at the relevant international trading platforms. HSBC Trinkaus & Burkhardt AG, Dusseldorf, Germany, was mandated by ams AG to execute the repurchase of the convertible bonds independently in compliance with pre-defined parameters. The repurchase program started on 8 April 2021 and has been upheld until 30 December 2021. The requirements set forth by Circular No 1 of the Swiss Takeover Board have been complied with.
For more information on ams OSRAM please visit our website at ams-osram.com.
Press Contact:
Media Relations Investor Relations
ams AG ams AG
Amy Flécher Moritz M. Gmeiner
Vice President Marketing Communications Head of Investor Relations
T +43 664 8816 2121 T +43 3136 500 31211
press@ams-osram.com investor@ams-osram.com
ams-osram.com ams-osram.com
ams AG
Hilary McGuinness
Head of Public Relations
T: +49 151 276 70 184
press@ams-osram.com
ams-osram.com
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About ams OSRAM
The ams OSRAM Group, with its parent company ams AG (SIX: AMS), is a global leader in optical solutions. By adding intelligence to light and passion to innovation, we enrich people's lives. This is what we mean by Sensing is Life.
With over 110 years of combined history, our core is defined by imagination, deep engineering expertise and the ability to provide global industrial capacity in sensor and light technologies. We create exciting innovations that enable our customers in the consumer, automotive, healthcare and industrial sectors maintain their competitive edge and drive innovation that meaningfully improves the quality of life in terms of health, safety and convenience, while reducing impact on the environment.
Our around 26,000 employees worldwide focus on innovation across sensing, illumination and visualization to make journeys safer, medical diagnosis more accurate and daily moments in communication a richer experience. Our work creates technology for breakthrough applications, which is reflected in over 15,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany), the group achieved well over USD 5 billion combined revenues in 2020 (pro-forma) and is listed as ams AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).
Find out more about us on https://ams-osram.com
ams is a registered trademark of ams AG. In addition many of our products and services are registered or filed trademarks of ams OSRAM Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners.
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03-Jan-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com