Kontron S&T AG makes free float shareholders offer to repurchase shares at €3.11 per share

Augsburg, November 3, 2017 – Kontron: The executive board of Kontron S&T AG has resolved to conduct a program of share repurchasing. This program is addressed to all holders of shares – the 'freefloat shareholders' - in Kontron S&T AG. Its shares are no longer listed on exchanges. The offer foresees the acquisition of up to 2,184,589 shares at a price of €3.11 per share. The offer's term of acceptance is from November 6, 2017, to December 18, 2017.

The price of acquisition is the same as the amount – representing compensation paid in cash – that was offered to shareholders on the occasion of Kontron AG's being merged into S&T Deutschland Holding AG (today's Kontron S&T AG). Those shareholders that, therefore, refused to take advantage of the offer ensuing from the merger and comprising the granting of compensation in cash of €3.11 per share owned, and that also did not opt for the course of consigning their shares and receiving consideration for such, are thus receiving once more – via this offer to acquire their shares – the opportunity to sell their shares in Kontron S&T AG. These shares are by now no longer traded. The price per share is €3.11.

The way for Kontron S&T shareholders to accept the offer is for them to declare this acceptance during the term of acceptance. This declaration is to be submitted to their respective banks of securities deposit, which, in turn, are to send at the beginning of the term of acceptance to the Kontron shareholders a bulletin of information, or answer form or letter of instruction (collectively referred to as “declarations of acceptance”) designed for the submission of such acceptances. Further information and the offer documents are maintained on Kontron's Website – at www.kontron.com/merger.


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About Kontron – An S&T Company
Kontron is a global leader in embedded computing technology (ECT). As a part of technology group S&T, Kontron offers a combined portfolio of secure hardware, middleware and services for Internet of Things (IoT) and Industry 4.0 applications. With its standard products and tailor-made solutions based on highly reliable state-of-the-art embedded technologies, Kontron provides secure and innovative applications for a variety of industries. As a result, customers benefit from accelerated time-to-market, reduced total cost of ownership, product longevity and the best fully integrated applications overall. For more information, please visit: www.kontron.com

For additional information:
Alexandra Habekost
Head of Investor Relations & Corporate Communications
Tel: +49 (0) 821 4086-114

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