DEVIN convene an extraordinary shareholders meeting

Extraordinary General Meeting of Shareholders convened in November Devin AD. The company, which bottled mineral water from the title field, will vote for change in the governing bodies, which occurs after the transaction for the sale of majority shares of the capital. It was concluded on 23 September under the contract, the Austrian investor Soravia Group is divided by nearly 75 percent participation in Devin AD is a buyer for the equity investment fund Advent International. To implement the deal, special companies were created, respectively Devin Beteiligungs Water and Advent. After finishing the procedures Advent is expected to announce a tender offer to minority shareholders. According to the draft agenda for the Extraordinary General Meeting will be voted the release of Johannes Ametshtrayter as a member of the Board of Directors of the company. Will be considered and a decision on the election of independent members of the Board of Directors, provided that Advent acquires Water 13 475 000 shares of Devin AD, representing approximately 75.316% of the total registered capital.
* No recommendation for making an investment decision!

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Finance