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PETRO WELT TECHNOLOGIES AG (FRA:AT0000A0) Petro Welt Technologies AG: Dividend proposal / Publication of 2018 financial statements postponed

Directive transparence : information réglementée

24/04/2019 18:35

DGAP-Ad-hoc: Petro Welt Technologies AG / Key word(s): Dividend/Annual Results
Petro Welt Technologies AG: Dividend proposal / Publication of 2018 financial statements postponed

24-Apr-2019 / 18:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Vienna, 24 April 2019

Following of the recommendation of the Management Board the Supervisory Board of Petro Welt Technologies AG (FN 69011 m) has decided today not to propose the distribution of a dividend but to carry the amount of profit forward in order to strengthen the Company's ability for investments abroad.

Petro Welt Technologies AG hereby announces that the originally scheduled date for the publication of the 2018 financial statements will be postponed to 29 April 2019. The delay is due to the late Easter holidays and the labour-intensive reporting requirements under new IFRS rules 9 and 15 as well as IFRIC 22, 23.

The Annual General Meeting of Petro Welt Technologies AG will be held unchanged on 18 June 2019.

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 specialised in services which increase the productivity of new as well as existing oil & gas formations.

Contact:
Martin Wende (Grayling Austria GmbH)
IR contact
T: +43 1 524 4300 65 | M: +43 664 605 08 806
martin.wende@grayling.com


24-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 802993

 
End of Announcement DGAP News Service

802993  24-Apr-2019 CET/CEST

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