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BWT plans ADR Program termination

16.1.2013 17:00   Mondsee

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.