Brief: Kapsch TrafficCom Comments On Termination Letters Regarding German Infrastructure Charge

Kapsch TrafficCom AG

19/06/2019 11:03

June 19 (Reuters) - KAPSCH TRAFFICCOM AG  KTCG.VI :
    * STATEMENT BY KAPSCH TRAFFICCOM ON TERMINATION LETTERS
REGARDING
GERMAN INFRASTRUCTURE CHARGE
    * WAS INFORMED BY CUSTOMER ABOUT TERMINATION OF TWO
CONTRACTS 
FROM 2018 WITH EFFECT OF 30 SEPTEMBER 2019.
    * TERMINATION AND ITS CONSEQUENCES ARE BEING EVALUATED
    * CONTRACTS CONTAIN PROTECTIVE PROVISIONS THAT GUARD AGAINST
PECUNIARY DAMAGES FOR OPERATING COMPANY AND SHAREHOLDERS

Source text for Eikon:  ID:nAPA3g8b4h 
Further company coverage:  KTCG.VI 

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