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ams AG (AMS.S)

AMS.S on Swiss Exchange

71.86CHF
20 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Ams Places EUR 600 million 7-year zero-coupon convertible bonds
Monday, 26 Feb 2018 11:32am EST 

Feb 26 (Reuters) - AMS AG ::EANS-ADHOC: AMS AG / AMS ANNOUNCES SUCCESSFUL PLACEMENT OF EUR 600 MILLION 7 ....‍ANNOUNCES SUCCESSFUL PLACEMENT OF EUR 600 MILLION 7-YEAR ZERO-COUPON CONVERTIBLE BONDS​.‍BONDS ARE INITIALLY CONVERTIBLE INTO 4.41 MILLION NEW ORDINARY NO PAR VALUE BEARER SHARES​.‍BONDS HAVE BEEN ISSUED AT 102.0% OF THEIR PRINCIPAL AMOUNT​.‍INITIAL CONVERSION PRICE OF EUR 136.04​.‍WILL HAVE A MATURITY OF 7 YEARS AND WILL BE REDEEMED AT 100% OF THEIR PRINCIPAL AMOUNT​.‍SETTLEMENT IS EXPECTED ON OR AROUND 5 MARCH, 2018.​.  Full Article

Ams Launches EUR 600 Mln 7-Yr Zero-Coupon Convertible Bond Placement
Monday, 26 Feb 2018 01:25am EST 

Feb 26 (Reuters) - Ams AG ::LAUNCHES EUR 600 MILLION 7-YEAR ZERO-COUPON CONVERTIBLE BOND PLACEMENT.BONDS WILL HAVE A MATURITY OF 7 YEARS, WILL BE ISSUED BETWEEN 101.5% AND 107.0% OF THEIR PRINCIPAL AMOUNT.BONDS WILL BE CONVERTIBLE INTO NEW ORDINARY NO PAR VALUE BEARER SHARES FROM COMPANY'S CONDITIONAL CAPITAL.WILL BE OFFERED WITH A CONVERSION PREMIUM OF 45% ABOVE REFERENCE SHARE PRICE.SHARES WILL REPRESENT APPROXIMATELY 5.1% OF CURRENT OUTSTANDING SHARE CAPITAL.  Full Article

AMS Proposes Revised Shares-Only Earn-Out Structure To Former Heptagon Shareholders
Tuesday, 20 Feb 2018 01:25am EST 

Feb 20 (Reuters) - AMS AG ::PROPOSES REVISED SHARES-ONLY EARN-OUT STRUCTURE TO FORMER HEPTAGON SHAREHOLDERS.PROPOSES STRUCTURE TO REFLECT HIGHER-THAN-EXPECTED CAPITAL EXPENDITURE REQUIREMENTS.KEY ELEMENT OF REVISED STRUCTURE IS A TOTAL DISTRIBUTION OF UP TO 3.9 MILLION AMS SHARES.SHARES AT AVERAGE CLOSING PRICE OF CHF 99.15.SHARE DISTRIBUTION WILL COME FROM EXISTING TREASURY SHARES WITHOUT ANY NEW SHARE DILUTION.IMPLEMENTATION OF PROPOSAL CONTINGENT ON THRESHOLD OF 60% OF PREFERRED HEPTAGON SHARES (APPROXIMATELY 56% OF TOTAL HEPTAGON SHARES).  Full Article

CEO Everke says chipmaker AMS wants to stay independent
Tuesday, 6 Feb 2018 02:27am EST 

Feb 6 (Reuters) - AMS AG ::AMS CEO EVERKE SAYS COMPANY LOOKING AT ACQUISTIONS IN OPTICAL, IMAGING, AUDIO AND ENVIRONMENTAL TECH.AMS CEO EVERKE SAYS ANY SIZE OF DEAL IS POSSIBLE, COULD USE MONEY FROM BOND, OWN CASH FLOW AND SHARES FOR DEAL.AMS CEO EVERKE SAYS AMOUNT OF SHARES ISSUED IN POSSIBLE HONG KONG LISTING WILL BE DECIDED IN NEXT 12 MONTHS.AMS CEO EVERKE SAYS COMPANY WANTS TO REMAIN INDPENDENT.AMS CEO EVERKE SAYS INCREASED SALES GUIDANCE IS MIXTURE OF CONTRACTS WON AND INTENSIVE DISCUSSIONS WITH CUSTOMERS.AMS CEO EVERKE SAYS COMPANY HAS POTENTIAL FOR CONTENT TO RISE ABOVE USD10 PER PHONE.AMS CEO EVERKE SAYS HAVING STRONG DISCUSSIONS WITH CHINESE MOBILE PHONE CUSTOMERS.AMS CEO EVERKE SAYS ORDER BOOK LOOKS VERY HEALTHY.  Full Article

AMS AG considers convertible bond placement of up to 600 mln eur
Tuesday, 6 Feb 2018 01:25am EST 

Feb 6 (Reuters) - Ams Ag ::announces exclusion of subscription rights in relation to potential convertible bond placement​.Says ‍bonds in an aggregate nominal amount of up to eur 600 million will have a seven year maturityshall be convertible into new ordinary no par value bearer shares.Says ‍net proceeds of bonds will be used for general corporate purposes, including m&a transactions​.  Full Article

Nuheara To Partner With Ams AG To Launch Noise Cancellation Wireless Earbud​
Tuesday, 9 Jan 2018 04:29pm EST 

Jan 10 (Reuters) - Nuheara Ltd ::‍PARTNERS WITH AMS AG TO LAUNCH NOISE CANCELLATION WIRELESS EARBUD​ CALLED LIVEIQ.  Full Article

Melexis Wins Patent Infringement Lawsuit From Ams AG
Wednesday, 20 Dec 2017 11:45am EST 

Dec 20 (Reuters) - MELEXIS NV ::REG-MELEXIS WINS PATENT INFRINGEMENT LAWSUIT FROM AMS AG.‍COURT HAS RULED IN MELEXIS' FAVOR BY DISMISSING COMPLAINT OF AMS AG​.  Full Article

AMS Appoints Mark Hamersma As Chief Business Development Officer
Friday, 15 Dec 2017 12:00pm EST 

Dec 15 (Reuters) - AMS AG ::EXPANDS MANAGEMENT BOARD WITH MARK HAMERSMA AS CHIEF BUSINESS DEVELOPMENT OFFICER.MARK HAMERSMA WILL JOIN MANAGEMENT BOARD AS CHIEF BUSINESS DEVELOPMENT OFFICER (CBO) AS OF 1 JANUARY 2018.  Full Article

Ams sells LED backlight technology and product portfolio to Dialog Semiconductor​
Wednesday, 15 Nov 2017 02:00am EST 

Nov 15 (Reuters) - AMS AG ::‍DIVESTS LED BACKLIGHT TECHNOLOGY AND PRODUCT PORTFOLIO TO DIALOG SEMICONDUCTOR <<>>​.‍AS PART OF TRANSACTION, DIALOG HAS ALSO ACQUIRED SPECIFIC AMS INTELLECTUAL PROPERTY RIGHTS​.‍TRANSACTION IS NOW CLOSED, WITH COMMERCIAL TERMS OF DEAL UNDISCLOSED​.‍RELATED REVENUES ARE NOT MATERIAL TO AMS' BUSINESS​.  Full Article

AMS ‍announces new share repurchase program
Wednesday, 8 Nov 2017 01:00am EST 

Nov 8 (Reuters) - AMS AG ::‍ANNOUNCES NEW SHARE REPURCHASE PROGRAM FOR UP TO TWO YEAR PERIOD TO START ON 10 NOVEMBER 2017​.‍HAS DECIDED TO LAUNCH A FURTHER SHARE REPURCHASE PROGRAM FOR UP TO 8.0% OF ISSUED SHARE CAPITAL​.‍REPURCHASE PROGRAM WILL COMMENCE ON 10 NOVEMBER 2017 AND WILL BE UPHELD UNTIL 8 NOVEMBER 2019 AT LATEST​.  Full Article

GLOBAL MARKETS-Europe joins sell-off but Wall Street eyes rebound

LONDON, April 3 World markets battled to regain their poise on Tuesday after another round of tech and trade war worries had clobbered shares and oil prices tumbled on signs of rising Russian supply and Saudi price cuts.