ENNOCONN mandatory offer for Kontron AG

Foxconn, a Taiwanese company, launched a mandatory takeover offer for Kontron, an Austrian technology company. The offer period ended on 27 July 2026, and by that date ENNOCONN had received tenders representing 48.08% of Kontron's voting rights, including 19.24% through financial instruments (delivered shares). The tendered shares have not yet been transferred to ENNOCONN as bidder because not all conditions of the offer have been met. Shareholders retain a withdrawal right until the announcement of the fulfillment of all conditions, so the number of tendered shares may decrease but not increase. In parallel, major financial institutions have disclosed changes in their holdings in Kontron. Goldman Sachs crossed a threshold on 22 July 2026, holding 5.86% of voting rights (1.56% direct shares, 4.30% via instruments). Morgan Stanley crossed a threshold on 31 July 2026, holding 5.36% (0.06% direct shares, 5.30% via instruments). These notifications are part of the regulatory disclosure requirements under Austrian law.