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CHRIST WATER TECHNOLOGY AG

EANS-Adhoc: CHRIST WATER TECHNOLOGY AG
GLV Completes the Acquisition of 80.5% of Christ Water Technology AG´s Voting Shares
Shareholder disclosure / Notification of bondholders of CHRIST

  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.
Company Information
01.12.2009
The management board of Christ Water Technology AG ("CWT") and the 
management of GLV Inc. ("GLV" or the "Company"; ticker symbols GLV.A,
GLV.B / TSX) are pleased to announce the closing of the take-over, by
GLV's indirect subsidiary Eimco Water Technologies GmbH, of 80.5% of 
the shares of CWT tendered by CWT shareholders into GLV´s voluntary 
takeover bid during the tender period ended November 17, 2009.
With notification of November 30, 2009, Eimco Water Technologies GmbH
disclosed that on November 27, 2009, GLV indirectly held 16,320,268 
shares of Christ Water Technology AG representing 83.08% of the 
voting rights.
CWT shareholders who have not yet tendered their shares are reminded 
that they may do so during the three months following the tender 
period for a cash consideration of EUR3.35 per share pursuant to the 
same terms as set forth in GLV´s voluntary takeover bid. GLV aims to 
acquire 100% of CWT´s shares.
Furthermore, considering the change of control triggered by the 
closing of the take-over, CWT bondholders have a right, at their 
discretion, to demand repayment of their bonds at their nominal value
plus accrued interest pursuant to the bond terms. However, the 
termination of the bonds under this provision is only valid if 
termination notices representing at least 15% of the total nominal 
value of the outstanding bonds are received by the payment agent from
bondholders within 30 days subsequently to the closing of the 
take-over as announced today.
All notices of bondholders to the payment agent or the issuer 
especially regarding the termination of the bonds have to be executed
in writing in German language and sent to the payment agent by 
registered mail according to paragraph 8 section 3 bond terms. In 
addition, the notice has to include evidence of ownership at the time
of notification. The evidence may be given by a certification of the 
depository or any other appropriate way. The payment agent is 
UniCredit Bank Austria AG, Abt 8811 Zahlstellendienst, Julius 
Tandler-Platz 3, A-1090 Vienna, Austria.
end of announcement                               euro adhoc

Further inquiry note:

Christ Water Technology AG
Mag. Ralf Burchert
ralf.burchert@christwater.com
Tel.: 06232/5011-1113

Branche: Biotechnology
ISIN: AT0000499157
WKN: 675399
Index: WBI, ATX Prime
Börsen: Wien / official market

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