March 27, 2018 / 3:40 PM / 3 months ago

BRIEF-Ams Implements A Revised Earn-Out Structure

March 27 (Reuters) - AMS AG:

* ‍IMPLEMENTS A REVISED EARN-OUT STRUCTURE GAINING 100% ACCEPTANCE BY FORMER HEPTAGON SHAREHOLDERS TO REFLECT HIGHER-THAN-EXPECTED CAPITAL EXPENDITURE REQUIREMENTS​

* ‍KEY ELEMENTS OF FINAL EARN-OUT STRUCTURE ARE TOTAL DISTRIBUTION OF 3,855,082 AMS SHARES TOGETHER WITH ANCILLARY CASH DISTRIBUTION OF USD 15 MILLION​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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