Business news for the stock market
3U HOLDING AG: ESMA upgrades 3U share to higher liquidity band
Increased trading volume proves and promotes increasing investor interest
Marburg
(pta006/07.04.2021/07:00 UTC+2)
The share of 3U HOLDING AG (ISIN DE0005167902) has been upgraded from liquidity band 1 to liquidity band 2 (out of six possible) by the European Securities and Markets Authority (ESMA) as part of its annual review.
In the price range between EUR 2.00 and EUR 5.00 in which the 3U share is currently traded, its tick size (smallest possible price increment in stock exchange trading) has thus been reduced from EUR 0.02 to EUR 0.01, effective 1 April 2021.
Thanks to this revaluation, higher liquidity, and further improved tradability of the 3U HOLDING AG share is being expected by market experts anticipating that this should further boost its attractiveness for investors.
In 2020, the trading volume in the 3U share increased significantly compared to 2019. On average, the turnover of the 3U share on the leading German stock exchanges and trading platforms was around EUR 94,000 per day. In 2019, turnover averaged around EUR 50,000 per day.
Further information:
Dr Joachim Fleïng
Investor Relations
3U HOLDING AG
Tel.: +49 (0) 6421 999-1200
Fax: +49 (0) 6421 999-1222
E-mail: IR@3U.net
About 3U:
3U HOLDING AG (www.3U.net) 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 ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). 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 |