PR Newswire/euro adhoc/
EANS-Adhoc: BWT Aktiengesellschaft / BWT plans ADR Program termination
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
BWT Aktiengesellschaft intends to terminate the ADR Level-1 program active since
2001. The associated notice will soon be sent to the sponsor of the program,
Bank of New York Mellon. The ADR-program enables share listings of foreign
companies in the United States without a formal listing process. Due to the low
interest of US investores - recently there were roughly 5,000 ADRs outstanding -
the BWT Management Board has decided to terminate the program.
Further inquiry note:
Mag. Ralf Burchert
issuer: BWT Aktiengesellschaft
sector: Water Supply
indexes: ATX Prime
stockmarkets: official market: Wien
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-0- Jan/16/2013 18:26 GMT
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