With 80.5% of the voting shares of Christ Water Technology AG tendered by CHRIST shareholders into the voluntary takeover bid launched by GLV Inc. (via Eimco Water Technology GmbH) on October 13, 2009 at a price of €3.35 per CWT share, the condition precedent to the offer requiring a minimum acceptance of 75% of the voting shares has been fullfilled.
For shareholders who have not tendered their shares into the offer, the acceptance period is extended by additional 3 months pursuant to para 19 (3) Übernahmegesetz (Austrian Takeover Act) commencing as at the publication of the result of the takeover offer.
For further information concerning GLV and the transaction please visit the Homepage of GLV Group (http://www.glv.com/).
Contacts:
CHRIST WATER TECHNOLOGY AG, A-5310 Mondsee, Walter-Simmer-Str. 4
Ralf Burchert, Investor Relations & Corporate Communication
Tel. +43 (0)6232 5011 1113, Fax +43 (0)6232 5011 1109, E-mail: ralf.burchert@christ-water.com
Financial calendar
Q3 2009 report: 27 November 2009