DGAP-Ad-hoc: Petro Welt Technologies AG / Key word(s): Personnel Petro Welt Technologies AG: Changes in the Management Board 27-Sep-2021 / 21:10 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Petro Welt Technologies AG - Changes in the Management Board Valeriy Inyushin resigns from the Management Board Vienna, September 27, 2021 Following today's Supervisory Board meeting of Petro Welt Technologies AG, the company's former Chief Financial Officer Valeriy Inyushin has resigned from the Management Board with immediate effect. A successor will be announced shortly.

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

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

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Language:     English 
Company:      Petro Welt Technologies AG 
              Kärntner 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:  1236313 
 
End of Announcement  DGAP News Service 
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1236313 27-Sep-2021 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1236313&application_name=news

(END) Dow Jones Newswires

September 27, 2021 15:10 ET (19:10 GMT)