Annual Report 2016 announcement


Company announcement no. 1/2017

March 23rd 2017

2016 Annual Report and Investor Conference Call Announcement

Welltec® will disclose its Annual Report for 2016 on Thursday, March 30th 2017 and will discuss the results during an investor conference call at 5 pm CET.

The conference call will be available for bond holders, prospective investors, broker dealers and securities analysts and can be accessed by dialing in a few minutes before the start and informing the operator that you would like to participate in Welltec's investor conference call.

Relevant dial-in details and conference ID can be obtained by registering for the call with bkjelmann@welltec.com.

The Annual Report will be made available on the "Investors" section of Welltec's website at http://www.welltec.com/investors/download-center/

For further information, please contact:

Michael Krabbe, CFO, Cell:  +45 30 34 30 00 or

Simon Stadil, Director, Treasury & Investor Relations, Cell: +45 52 13 89 44

Company Profile

Welltec® develops and delivers technology and solutions intended to transform the oil and gas industry. Our game-changing solutions are dedicated to optimizing the management and development of clients' assets, both in the form of well completion technology and intervention services required to ensure performance and integrity. We operate in all types of onshore and offshore well environments, including the most extreme and hostile, such as deepwater, subsea, extended reach, heavy oil and unconventional gas and oil wells. Our lightweight solutions are based on a vision to improve safety while reducing environmental risks, fuel consumption and carbon footprints.