EQS-Adhoc: Petro Welt Technologies AG: Supervisory Board approves the Management Board’s decision to terminate business activities in Oman

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 / 16:45 CET/CEST
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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.

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Investor Relations

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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: 1453531
End of Announcement EQS News Service

1453531 29-Sep-2022 CET/CEST