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16.03.2020 – 20:48

ams AG

EANS-News: ams AG
Notice to holders of the USD 350,000,000 0.875 per cent. Convertible Bonds due 2022 Convertible into Bearer Shares With No Par Value of ams AG (the "Issuer") (ISIN: DE000A19PVM4)

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Premstaetten - NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN
PART) IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN
OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT
LAWS OF SUCH JURISDICTION


                           Notice to holders of the
           USD 350,000,000 0.875 per cent. Convertible Bonds due 2022
   Convertible into Bearer Shares With No Par Value of ams AG (the "Issuer")
                       (ISIN: DE000A19PVM4) (the "Bonds")

Capitalised terms not otherwise defined in this notice shall have the meaning
given to them in the terms and conditions of the Bonds (the "Terms and
Conditions").

The Issuer hereby notifies Bondholders that, as a result of the decision by the
management board of the Issuer to issue 189,869,454 new Shares by way of a
discounted rights offering at an offer price of CHF 9.20 per Share and in
respect of which the Shares went ex-rights on 16 March 2020, pursuant to §11(b),
§11(k) and §11(n) of the Terms and Conditions, effective 16 March 2020:

(1) the Conversion Price is adjusted from USD 106.9075 to USD 65.8845; and

(2) the Cash Dividend Thresholds are adjusted as follows:

 _____________________________________________________________________________
|Cash Dividends distributed in|Cash Dividend Threshold|Cash Dividend Threshold|
|respect of the Financial Year|(prior to adjustment)  |(adjusted)             |
|ending_______________________|_______________________|_______________________|
|31_December_2019_____________|EUR_0.50_______________|EUR_0.3081_____________|
|31_December_2020_____________|EUR_0.60_______________|EUR_0.3698_____________|
|31_December_2021_____________|EUR_0.70_______________|EUR_0.4314_____________|
|31_December_2022_____________|EUR_0.80_______________|EUR_0.4930_____________|




Premstaetten,
16 March 2020



Important notice:
This announcement constitutes neither an offer to sell nor a solicitation to buy
securities. Any public offer is made solely by means of, and on the basis of, a
securities prospectus (including any amendments thereto, if any) approved by the
Austrian Financial Market Authority (Finanzmarktaufsichtsbehörde, "FMA") and
published in Austria. An investment decision regarding any publicly offered
securities of ams AG ("ams") should only be made on the basis of the securities
prospectus. The securities prospectus is available free of charge from ams
during usual business hours, or on the ams website.
This announcement is not for distribution or release, directly or indirectly, in
or into the United States of America (including its territories and possessions,
any State of the United States of America and the District of Columbia),
Australia, Canada, Japan or any other jurisdiction in which such distribution or
release would be unlawful. These materials do not constitute or form a part of
any offer or solicitation to purchase or subscribe for securities in the United
States of America, Australia, Canada or Japan, or any other jurisdiction in
which such offer or solicitation may be unlawful.
The shares of ams have not been and will not be registered under the U.S.
Securities Act of 1933 ("Securities Act") and may not be offered or sold within
the United States of America except pursuant to an applicable exemption from, or
in a transaction not subject to, the registration requirements of the Securities
Act. There will be no public offering of shares in the United States of America.
This announcement constitutes neither an offer to sell nor a solicitation to buy
securities and does not constitute a prospectus according to Articles 35 et
seqq. of the Swiss Financial Services Act ("FinSA") or Articles 652a and 1156 of
the Swiss Code of Obligations (as such articles were in effect immediately prior
to the entry into effect of FinSA) or Article 27 et seqq. of the SIX Swiss
Exchange Listing Rules. The offer is made solely by means of, and on the basis
of, the prospectus which is available free of charge, inter alia, from ams
during regular business hours, or on the ams website. An investment decision
regarding the publicly offered securities of ams should only be made on the
basis of the prospectus.




Further inquiry note:
Moritz M. Gmeiner
Vice President Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com

end of announcement                         euro adhoc
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issuer:       ams AG
              Tobelbader Strasse   30
              A-8141 Premstaetten
phone:        +43 3136 500-0
FAX:          +43 3136 500-931211
mail:      investor@ams.com
WWW:       www.ams.com
ISIN:         AT0000A18XM4
indexes:
stockmarkets: SIX Swiss Exchange
language:     English 

Original content of: ams AG, transmitted by news aktuell