EQS-Ad-hoc: Petro Welt Technologies AG / Key word(s): Joint
Venture/Strategic Company Decision
Petro Welt Technologies AG: Supervisory Board approves the Management
Board’s decision to terminate business activities in Oman

29-Sep-2022 / 16:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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AD-HOC ANNOUNCEMENT

 

Petro Welt Technologies AG – Supervisory Board approves the Management
Board’s decision to terminate business activities in Oman

 

Vienna, September 29, 2022

The Supervisory Board of Petro Welt Technologies AG approved the decision
of the Management Board to terminate the business activities of the
Company under the current joint venture in Oman. The company held by Petro
Welt Technologies AG for the purpose of providing its services under the
joint venture in Oman, PEWETE EVO SERVICES LLC, will be liquidated.

 

 

Inquiries

Konstantin Huber (Male Huber Friends GmbH)

Investor Relations

T: +43 699 1172 68 14

huber@mhfriends.at

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29-Sep-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Petro Welt Technologies AG
Kärntner Ring 11-13
1010 Vienna
Austria
Phone: +43 1 535 23 20-0
Fax: +43 1 535 23 20-20
E-mail: ir@pewete.com
Internet: www.pewete.com
ISIN: AT0000A00Y78
WKN: A0JKWU
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1453535

 
End of Announcement EQS News Service

1453535  29-Sep-2022 CET/CEST