S&T AG: Kontron S&T AG makes free float shareholders offer to repurchase shares at Eur3.11 per share

Linz (pta012/03.11.2017/08:30 UTC+1) Linz, Austria, November 3, 2017 - S&T AG, Linz, Austria (ISIN AT0000A0E9W5, WKN A0X9EJ, www.snt.at) reports that 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 Eur3.11 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 Eur3.11 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 Eur3.11.

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.

On S&T AG
S&T AG (www.snt.at) heads a technology group that employs some 3,700 persons and that operates in more than 25 countries around the world. S&T AG is listed on the Frankfurt Stock Exchange (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT). S&T forms part of the Exchange's TecDAX index of high techs. S&T is a leading supplier in Central and Eastern Europe of IT systems and of the services and solutions comprised in them. S&T's taking in 2016 of a stake in Kontron AG - one of the leaders on the world's market for embedded computers - has enhanced its portfolio of proprietary technologies used in the fields of appliances, cloud security, software and smart energy. This move has made S&T one of the leading suppliers on the international markets for Industry 4.0 and IoT (Internet of Things) technologies.

(end)

Emitter:	S&T AG Industriezeile 35 4021 Linz Austria
Contact Person:	Alexandra Habekost, Head of Investor Relations
Phone:	+49 (0) 821 4086 114
E-Mail:	alexandra.habekost@snt.at
Website:	www.snt.at
ISIN(s):	AT0000A0E9W5 (Share) DE000A1HJLL6 (Bond)
Stock Exchange(s):	Regulated Market in Frankfurt