DGAP-News: Petro Welt Technologies AG: Clarification regarding Supervisory Board approval date

DGAP-News: Petro Welt Technologies AG / Key word(s): Annual Results
Petro Welt Technologies AG: Clarification regarding Supervisory Board approval date

05.06.2020 / 15:00
The issuer is solely responsible for the content of this announcement.

Vienna, June 5, 2020
On June 3, 2020 the audited stand-alone and consolidated financial statements of Petro Welt Technologies AG (PeWeTe) were approved by resolution of the company's Supervisory Board. Following a recommendation of the Management Board the Supervisory Board also decided not to recommend a distribution of profits but to carry profits forward into 2020. The financial statements can be found on PeWeTe's corporate website www.pewete.com.

About Petro Welt Technologies AG
Petro Welt Technologies AG, which is domiciled in Vienna is one of the leading and first established OFS companies in Russia and the CIS and is specialized in services which increase the productivity of new as well as existing oil & gas formations.

Contact
Konstantin Huber (be.public)
Investor Relations
T: +43 1 503 2 503-29
huber@bepublic.at

05.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English Company: Petro Welt Technologies AG Kärntner Ring 11-13 1010 Wien 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 Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1064559
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1064559 05.06.2020