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WAB Privatstiftung request for squeeze-out at BWT

14.4.2017 15:30   Mondsee
Today, WAB Privatstiftung submitted a request pursuant to section 1 et seqq of the Austrian Squeeze-out Act (Gesellschafterausschlussgesetz – GesAusG) to BWT Aktiengesellschaft that the General Meeting shall resolve to transfer the shares of the other shareholders of BWT Aktiengesellschaft to WAB Privatstiftung against payment of an appropriate consideration (squeeze-out).

The squeeze-out shall be resolved upon at the next Annual General Meeting. BWT Aktiengesellschaft will evaluate the request and initiate the steps required for the squeeze-out.

If the squeeze-out is resolved, the Vienna Stock Exchange AG is expected to revoke the admission of BWT for trading at the Vienna Stock Exchange (delisting) following the registration of the potential squeeze-out.

ISIN: AT0000737705
 
 
 

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