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Petro Welt Technologies AG, AT0000A00Y78

Petro Welt Technologies AG, AT0000A00Y78

19.07.2021 - 16:58:25

Petro Welt Technologies AG: Changes in the Management Board

AD-HOC ANNOUNCEMENTPetro Welt Technologies AG - Changes in the Management Board Denis Stankevich was appointed by the Supervisory Board as the new Chief Executive Officer (CEO) of the Company.Vienna, July 19, 2021 The former Chairman of the Management Board of Petro Welt Technologies AG, Yury Semenov, has resigned from the Management Board of PeWeTe AG with effect from today. In place of Yury Semenov, the Supervisory Board has appointed Denis Stankevich to the Company's Managing Board with immediate effect and appointed him as its new Chairman. Denis Stankevich has many years of experience and excellent knowledge of the Russian and international oil and gas business. He held a leading position at a large, listed company in the petroleum industry, ending with the position of Vice President for Economics and Finance.

About Petro Welt Technologies AG Petro Welt Technologies AG, based in Vienna, is one of the leading and first established OFS companies in Russia and the CIS, specializing in services to increase the productivity of new and existing oil and gas formations.Contact Konstantin Huber (be.public) Investor Relations T: +43 1 503 2 503-29 huber@bepublic.at

19-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Petro Welt Technologies AG K?rntner Ring 11-13 1010 Vienna

Austria Phone: +43 1 535 23 20-0 Fax: +43 1 535 23 20-20 E-mail: ir@pewete.com Internet: www.pewete.com ISIN: AT0000A00Y78 WKN: A0JKWU Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1219953 ? End of Announcement DGAP News Service

1219953??19-Jul-2021?CET/CEST

@ dgap.de