Acquisition of 100% of Heotagon's shares

ams announced the completion of a transaction to acquire 100% of the shares of Heotagon and increase capital by issuing a total of 11,011,281 new shares relating to the company's total shares excluding warrant rights.

ams stated that the upfront payment for the acquisition includes approximately 64 million dollars (approximately 73.92 billion won) in cash and 11,011,281 new shares from ams's total shares outstanding, and the capital increase forming 11,011,281 new shares of the company's total shares was registered in the company registry today.



The SIX Swiss Exchange approved trading of the shares effective January 25, 2017. Accordingly, the total number of shares issued by ams AG becomes 84,419,826 bearer shares without par value, with a par value per share calculated at 1.00 euro.

As a result, the selling shareholders of Heotagon hold approximately 19.5% of ams's registered total shares outstanding. The shareholders are subject to staggered lock-up obligations until Q2 2018 according to market terms.