Petrus Advisers Withdraws Demand for EGM

Press Wire ♦ Published: August 18, 2015; 14:55 ♦ (Vindobona)

Petrus Advisers is a longterm core shareholder of conwert and is interested in value creation for all conwert shareholders through analytical and fact driven work. The facts and numbers for BGP were highly unattractive and conwert's share price collapsed accordingly. We appreciate that conwert has ended the acquisition plan.

Petrus Advisers Withdraws Demand for EGM / Picture: ©

Petrus deems it important to end ill-guided impressions of struggles
for control. We have proven that we can ensure law abiding and value
creating outcomes without representation on the board level. conwert
management should now fully concentrate on value creation and in
particular a successful refinancing based on substantial
revaluations, in order to…

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