Finanzen, Kapsch TrafficCom AG

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution.

11.04.2018 - 14:56:26

Kapsch TrafficCom AG / Czech Ministry of Transport does not consider the offer of Kapsch TrafficCom for the new country-wide tolling system as the cheapest.. The issuer is responsible for the content of this announcement. Kapsch TrafficCom evaluates legal steps.

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Kapsch TrafficCom evaluates legal steps.

Government Contracts

Wien - Kapsch TrafficCom has been informed by the Czech Ministry of Transport that it does not consider the company's offer for design, build and operation of the new country-wide tolling system as the cheapest. This comes somewhat surprising as according to the tender documents a competitive dialogue should have taken place with the bidders following the opening of the preliminary financial quotes for the project. As this has not happened and for a number of other reasons Kapsch TrafficCom evaluates legal steps against this decision of the Ministry of Transport.

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

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

end of announcement euro adhoc

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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