Public disclosure of inside information according to article 17 MAR
3U HOLDING AG: 3U HOLDING AG receives draft valuation report for subsidiary weclapp GmbH
Marburg
(pta013/24.06.2019/09:45 UTC+2)
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The enterprise value of weclapp GmbH is estimated at EUR 70.3 million in the draft valuation report
As already publicly known, 3U HOLDING AG is examining financing options for its subsidiary weclapp GmbH (74.9998 % stake), including a possible IPO. As part of the merger of weclapp GmbH into a Societas Europaea (SE), the responsible registry court has commissioned an auditor to prepare a valuation report.
The Management Board of 3U HOLDING AG today received an advanced draft of the valuation report, according to which the enterprise value is estimated at EUR 70.3 million. The Management Board does not expect the established enterprise value to change significantly in the final version of the valuation.
As a matter of precaution, it is pointed out that in the event of an IPO of weclapp SE, the stock market value will depend on a number of factors and may be both below or above the value determined by the expert opinion for weclapp GmbH. The same applies to other financing options with regard to weclapp SE.
Publishing Person:
Dr. Joachim Fleïng
Head of Investor Relations
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-Mail: ir@3u.net
Issuer
3U HOLDING AG
Frauenbergstr. 31-33
35039 Marburg
Germany
LEI: 529900VVQ4470YJ67K26
Registered: Marburg District Court HRB 4680
ISIN DE0005167902
MTF:
XETRA
Tradegate
Frankfurt, Berlin, Hamburg/Hannover, Düsseldorf, München, Stuttgart
About 3U:
3U HOLDING AG (www.3U.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of Information and Telecommunications Technology (ITC), Renewable Energies (RE) and Sanitary, Heating and Air Conditioning Technology (SHAC). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.
3U HOLDING AG's shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).
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Emitter: |
3U HOLDING AG Frauenbergstraße 31-33 35039 Marburg Germany |
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Contact Person: | Dr. Joachim Fleing | |
Phone: | +49 6421 999-1200 | |
E-Mail: | IR@3U.net | |
Website: | www.3u.net | |
ISIN(s): | DE0005167902 (Share) | |
Stock Exchange(s): | Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate |