EANS-Adhoc: ams AG / ams announces firm intention to enter into a Domination and Profit and Loss Transfer Agreement with OSRAM

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Mergers - Acquisitions - Takeovers
10.02.2020

Premstaetten -

* Domination and Profit and Loss Transfer Agreement facilitates the speedy
implementation of ams' strategic vision for OSRAM
* Takeover offer for OSRAM expected to close in second quarter 2020 subject to
receipt of the required regulatory clearances

Premstaetten, Austria (10 February 2020) -- ams AG (SIX: AMS), a leading
worldwide supplier of high performance sensor solutions, announces its firm
intention to implement a Domination and Profit and Loss Transfer Agreement
("DPLTA") between its wholly-owned subsidiary ams Offer GmbH and OSRAM Licht AG
("OSRAM") in the context of its acquisition of OSRAM ("Transaction").

"Following the approval by our shareholders for the EUR 1.65 billion rights
issue, this firm intention reflects the next step in the acquisition of OSRAM,"
says Alexander Everke, CEO of ams. "We intend to implement a DPLTA in order to
enable both companies to work together and realise our joint strategic vision of
creating a global leader in sensor solutions and photonics in an efficient
manner. We look forward to building upon the collaboration with our OSRAM
colleagues to begin a successful integration once the Transaction has closed."

The DPLTA requires the approval by an extraordinary shareholders meeting of
OSRAM with a majority of at least 75% of the votes cast. ams continues to expect
the takeover offer for OSRAM to close in the second quarter 2020 subject to
receipt of the required regulatory clearances.

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About ams
ams is a global leader in the design and manufacture of advanced sensor
solutions. Our mission is to shape the world with sensor solutions by providing
a seamless interface between humans and technology.
ams' high-performance sensor solutions drive applications requiring small form
factor, low power, highest sensitivity and multi-sensor integration. Products
include sensor solutions, sensor ICs, interfaces and related software for
consumer, communications, industrial, medical, and automotive markets.
With headquarters in Austria, ams employs about 9,000 people globally and serves
more than 8,000 customers worldwide. ams is listed on the SIX Swiss Exchange
(ticker symbol: AMS). More information about ams can be found at https://ams.com
[https://ams.com/]

Important notice:
This announcement constitutes neither an offer to sell nor a solicitation to buy
securities. Moreover, this announcement may contain statements about ams and/or
its subsidiaries (together the "ams Group") or OSRAM and/or its subsidiaries
(together the "OSRAM Group") that are or may be "forward-looking statements".
Forward-looking statements include, without limitation, statements that
typically contain words such as "anticipate", "target", "expect", "estimate",
"intend", "plan", "believe", "hope", "aims", "continue", "will", "may",
"should", "would", "could", or other words of similar meaning. By their nature,
forward-looking statements involve risks and uncertainties because they relate
to events and depend on circumstances that may or may not occur in the future.
ams cautions you that forward-looking statements are not guarantees of the
occurrence of such future events or of future performance and that in particular
the actual results of operations, financial condition and liquidity, the
development of the industry in which ams Group and OSRAM Group operate and the
outcome or impact of the acquisition and related matters on ams Group and/or
OSRAM Group may differ materially from those made in or suggested by the
forward-looking statements contained in this announcement. Any forward-looking
statements speak only as at the date of this announcement. Except as required by
applicable law, ams does not undertake any obligation to update or revise
publicly any forward-looking statement, whether as a result of new information,
future events or otherwise.

ams is a registered trademark of ams AG. In addition many of our products and
services are registered or filed trademarks of ams Group. All other company or
product names mentioned herein may be trademarks or registered trademarks of
their respective owners. Information provided in this press release is accurate
at time of publication and is subject to change without advance notice.

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

Additional content: https://www.presseportal.de/pm/106148/4516821
OTS: ams AG

Original-Content von: ams AG, übermittelt durch news aktuell