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Ad hoc Release

July 11, 2016 - 16:46:15 CEST

Czech government approves prolongation of tolling contract with Kapsch TrafficCom

Vienna/Prague, July 11, 2016 – Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, informs that Czech government approved the prolongation of the contract to operate the nationwide toll system for at maximum three years. During this period the current supplier will obtain from the state 6 billion CZK, these are approx. 221.9 million EUR. This was announced by minister of transport Dan Ťok (ANO) to Czech news agency ČTK on Monday. The Ministry of Transport will now start the negotiation with Kapsch about further contract details. The current contract with Kapsch TrafficCom is going to expire by the end of this year.

 

Press contact:

Ingrid Lawicka
Spokesperson
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50811 1705
E-mail ingrid.lawicka@kapsch.net

Investor contact:

Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50811 1120
E-mail ir.kapschtraffic@kapsch.net

 

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