EANS-Adhoc: BWT Aktiengesellschaft / BWT plans ADR Program termination
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: BWT Aktiengesellschaft Mag. Ralf Burchert email@example.com Tel.: 06232/5011-1113
issuer: BWT Aktiengesellschaft
A-5310 Mondsee phone: 06232/5011-0 FAX: 06232/4058 mail: firstname.lastname@example.org WWW: www.bwt-group.com sector: Water Supply ISIN: AT0000737705 indexes: ATX Prime stockmarkets: official market: Wien language: English
The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.
-0- Jan/16/2013 18:26 GMT