Brief: Petro Welt Technologies Announces Joma Industrial Has Acquired Further Shares

Petro Welt Technologies AG

25/02/2022 17:12

Feb 25 (Reuters) - PETRO WELT TECHNOLOGIES AG  O2C.DE :
    * JOMA INDUSTRIAL SOURCE CORP. HAS ACQUIRED FURTHER SHARES
IN
PETRO WELT TECHNOLOGIES AG ("PEWETE") AND THEREBY INCREASED ITS
DIRECT AND INDIRECT SHAREHOLDINGS TO MORE THAN 90% OF ALL
SHARES.
    * JOMA INDUSTRIAL SOURCE CORP. HAS TODAY INFORMED MANAGEMENT
BOARD
OF PEWETE THAT IT IS CURRENTLY EVALUATING PROS AND CONS OF A
MINORITY SQUEEZE-OUT PROCEDURE AS PROVIDED IN AUSTRIAN
SQUEEZE-OUT ACT (GESELLSCHAFTER-AUSSCHLUSSGESETZ)

Source text for Eikon:  ID:nEQ8mYG13a 
Further company coverage:  O2C.DE 

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