CAT oil executives go after Dijols takeover bid

Petro Welt Technologies AG

22/12/2014 16:31

VIENNA, Dec 22 (Reuters) - CAT oil's  O2C.DE  senior 
managers are leaving the Austrian fracking specialist in the 
wake of a takeover approach by oil industry veteran Maurice 
Dijols, the company said on Monday.  ID:nFWN0U303X  
    Chief Operating Officer Anna Brinkmann, in agreement with 
the supervisory board, has resigned with immediate effect, it 
said. 
    "She has decided to take this step in order to be able to 
exercise her rights as significant shareholder without concern 
for any potential conflict of interest with regard to the 
mandatory offer", it said in a statement. 
    Chief Executive Manfred Kastner, Chief Financial Officer   
Ronald Harder and Chief Corporate Finance Officer Leonid 
Mirzoyan are ending their contracts as of the end of March, it 
added. 
 
 (Reporting by Michael Shields; Editing by Maria Sheahan) 
 ((Michael.Shields@thomsonreuters.com; +43 1 531 12 258; Reuters 
Messaging: michael.shields.thomsonreuters.com@reuters.net)) 
 
Keywords: CAT OIL MANAGEMENT/