ams announces end of convertible bonds repurchase program announced on 12 March 2019

Premstaetten, Austria (3 January 2020) -- ams (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, announces that its convertible bonds repurchase program announced on 12 March 2019 ended on 30 December 2019 due to the expiry of its term. The cumulative amounts repurchased under the convertible bonds repurchase program are as follows:

The repurchase of the convertible bonds has been executed at market price via over-the-counter trading (OTC trading) and, where appropriate, at the relevant international trading platforms. Citigroup Global Markets Limited, London, was mandated by ams AG to execute the repurchase of the convertible bonds independently in compliance with pre-defined parameters. The repurchase program started on 27 March 2019 and has been upheld until 30 December 2019. The requirements set forth by Circular No 1 of the Swiss Takeover Board have been complied with.