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21st Austria weekly - ams, Andritz (28/01/2020)

02.02.2020

ams: ams AG, a leading worldwide supplier of high performance sensor solutions, announces the intention to place its entire 3.35 million shares of treasury stock by means of a private placement at market conditions to selected institutional investors. The Transaction is expected to be executed prior to the forthcoming rights issue which was approved by the Extraordinary General Meeting of ams on 24 January 2020. Under Austrian corporate law, treasury shares are not entitled to subscription rights in the context of a Rights Issue. As such, the intended Transaction is in essence a technical measure to prevent an automatic economic dilution. The Transaction is expected to be executed by UBS and HSBC.
AMS: weekly performance: -2.52%

Andritz: International technology Group Andritz has successfully started up a new neXline eXcelle spunlace line at Novita, based in Zielona Gora, Poland. The line is dedicated to the production of a wide range of spunlace fabrics from 30 to 100 gsm and even down to 25 gsm for ultralight products, allowing Novita to enter the hygiene and medical markets with a total installed capacity of nearly 3,000 kg/h.
Andritz: weekly performance: -5.38%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/01/2020)


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21st Austria weekly - ams, Andritz (28/01/2020)


02.02.2020, 1267 Zeichen



ams: ams AG, a leading worldwide supplier of high performance sensor solutions, announces the intention to place its entire 3.35 million shares of treasury stock by means of a private placement at market conditions to selected institutional investors. The Transaction is expected to be executed prior to the forthcoming rights issue which was approved by the Extraordinary General Meeting of ams on 24 January 2020. Under Austrian corporate law, treasury shares are not entitled to subscription rights in the context of a Rights Issue. As such, the intended Transaction is in essence a technical measure to prevent an automatic economic dilution. The Transaction is expected to be executed by UBS and HSBC.
AMS: weekly performance: -2.52%

Andritz: International technology Group Andritz has successfully started up a new neXline eXcelle spunlace line at Novita, based in Zielona Gora, Poland. The line is dedicated to the production of a wide range of spunlace fabrics from 30 to 100 gsm and even down to 25 gsm for ultralight products, allowing Novita to enter the hygiene and medical markets with a total installed capacity of nearly 3,000 kg/h.
Andritz: weekly performance: -5.38%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (28/01/2020)



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