07.12.2018, 1146 Zeichen

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Vienna - Kapsch TrafficCom sold its stake in ParkJockey Global Inc., USA. The transaction is expected to cause a positive one-time effect in financial income of about EUR 5 million.
Kapsch TrafficCom has held a stake in ParkJockey since 2016. The company provides intelligent off-street parking solutions. With an increasing integration of additional non-transportation services by ParkJockey, the strategic contribution to Kapsch TrafficCom core business was being diluted. An offer by ParkJockey to buy back the shares held by Kapsch TrafficCom was consequently accepted.
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
Digital press kit: http://www.ots.at/pressemappe/411/aom

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