Public disclosure of inside information according to article 17 MAR
Squeeze out registered with the company register
Mondsee (pta010/05.10.2017/09:35) -
Mondsee, Oct 5th 2017:
Today BWT Aktiengesellschaft (referred to as the "Company") was informed by the responsible registration court (Landesgericht Wels) that the resolution passed at the 27th ordinary shareholder´s meeting upon the squeeze-out of the minority shareholders pursuant to section 1 (1) GesAusG against payment of an appropriate cash compensation was registered with the company register. Upon registration, the shares of the minority shareholders are transferred to WAB Privatstiftung. The compensation is payable two months after announcement pursuant § 10 UGB.
No appeal may be brought against that resolution.
The Company subsequently expects the delisting from the Vienna stock exchange in the near future.
The Best Water Technology Group is Europe's leading water technology company. BWT's 3,300 employees work to provide clients in private households, industries, commerce, hotels and municipalities with innovative, economic and ecological water treatment and technologies that ensure the highest standards of safety, hygiene and health in their daily contact with water. BWT offers modern treatment systems and services for drinking water, pharmaceutical and process water, water for heating, boilers and cooling, and water for air conditioning systems and swimming pools. BWT's R&D department uses state-of-the-art methods and the latest processes and materials to develop environmentally-friendly, cost-effective products. A crucial focus is on minimising the products' resource and energy consumption, thereby reducing CO2 emissions.
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