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CHRIST WATER TECHNOLOGY AG

EANS-Adhoc: CHRIST WATER TECHNOLOGY AG
Remaining minority shareholders to receive Euro 2.10 per share

  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
25.06.2010
As previously made public on 23 February 2010, Eimco Water 
Technologies GmbH ("Eimco"), an indirect subsidiary of GLV Inc. 
("GLV"; Ticker Symbols GLV.A, GLV.B / TSX), as principal shareholder 
of CHRIST WATER TECHNOLOGY AG ("CWT") has requested pursuant to the 
Gesellschafter-Ausschlussgesetz that the 9th Annual General Meeting 
of CWT approve the transfer to Eimco as principal shareholder of all 
shares held by the remaining shareholders. Eimco currently owns 
92.60% of the shares of CWT.
The Management Board of CWT and Eimco as principal shareholder of CWT
have now jointly fixed the appropriate compensation at Euro 2.10 per 
CWT share. The Board of Directors and the management of Eimco have 
today issued a joint report pursuant to the requirements of § 3 (1) 
of the Gesellschafter-Ausschlussgesetz.
The appropriateness of this compensation remains to be reviewed by 
the Supervisory Board of CWT. A decision regarding the squeeze-out of
the minority shareholders will need to be taken at the 9th Annual 
General Meeting. This Annual General Meeting will likely be held in 
July 2010.
The affected minority shareholders of CWT will receive the relevant 
compensation for their shares in accordance with the applicable 
statutory rules after registration of the squeeze-out with the 
companies register.
end of announcement                               euro adhoc

Further inquiry note:

Christ Water Technology AG
Mag. Harald Wegscheider
harald.wegscheider@christwater.com
Tel.: 06232/9011-1002

Branche: Biotechnology
ISIN: AT0000499157
WKN: 675399
Index: WBI, Standard Market Continous
Börsen: Wien / official market

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Plus de actualités: CHRIST WATER TECHNOLOGY AG