Vienna, on December 5, 2014 – Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed in the Prime Market of the Vienna Stock Exchange, has been notified that Schroders plc and its fellow subsidiaries and affiliates have crossed below the threshold of 4% in voting rights on 3 December 2014 and now hold 509,300 shares (3.918% of voting rights) in Kapsch TrafficCom AG. These shares are held in portfolios managed by Schroders plc and its fellow subsidiaries and affiliates on a discretionary basis for clients under investment management agreements. Schroders Plc is the parent company of Schroder Administration Limited which is the ultimate holding company for all of Schroders legal entities. This holding is held across two legal entities: Schroder Investment Management Limited holding 1.462% (190,000 shares) and Schroder Investment Management North America Limited holding 2.456% (319,300 shares). The number of total outstanding shares and total voting rights of Kapsch TrafficCom AG is 13,000,000.
Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in the application fields of road user charging, urban access and parking, road safety enforcement, commercial vehicle operations, electronic vehicle registration, traffic management and V2X cooperative systems. Kapsch TrafficCom covers with end-to-end solutions the entire value creation chain of its customers as a one-stop shop, from components and design to the installation and operation of systems. The solutions of Kapsch TrafficCom help to finance infrastructure, to increase traffic safety, to optimize traffic flow, and to reduce environmental pollution from traffic. The core business is to design, build and operate electronic toll collection systems for multi-lane free-flow traffic. References in 44 countries on all continents make Kapsch TrafficCom a recognized supplier of electronic toll collection worldwide. As part of the Kapsch Group, a family-owned Austrian technology group founded in 1892, Kapsch TrafficCom, headquartered in Vienna, Austria, has subsidiaries and representative offices in 33 countries, has been listed on the Vienna Stock Exchange (KTCG) since 2007, and generated with more than 3,300 employees revenues of EUR 487.0 million in fiscal year 2013/14.