3U HOLDING AG: weclapp SE enters into definite preparations for an IPO

Marburg (pta021/29.04.2021/10:45 UTC+2) _
* Decision taken to mandate underwriting banks
* Public offering and admission of the shares to trading on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange possibly in 2021
* Acquisitions under preparation

The Management Board of weclapp SE, a subsidiary of 3U HOLDING AG (ISIN DE0005167902), has decided today, after evaluating the recommendations of various banks and after consultation with the Supervisory Board, to enter into the definite preparations for an IPO and to mandate the underwriting banks to prepare and accompany the offering. According to the current status, a public offering as well as an admission of the weclapp shares to trading on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange are being considered. When all conditions are met, and, in particular, if market conditions are favourable, the IPO could take place at the end of 2021, or in the first half of 2022, respectively.

The proceeds from an IPO are intended to enable weclapp to accelerate its international growth through acquisitions as well as through further investments in marketing and sales, research and development. According to current plans, the possible offering will largely consist of newly issued shares from a capital increase of up to 30 % of the subscribed capital prior to the IPO. A decision on the exact structure and the timing of the possible IPO has not yet been made and is now to be developed together with the banks accompanying the issue. Currently, 3U HOLDING AG holds just under 75 % of the shares, founder and CEO Ertan Özdil a good 25 %. Both shareholders intend to remain substantially involved in weclapp SE in the future.

As a strategic measure in the run-up to an IPO, the Management Board of weclapp SE continues to pursue the prior conclusion of acquisitions of companies or customer bases. To this end, two acquisition projects currently in preparation are being actively pursued.

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Publishing Person:
Dr. Joachim Fleïng
Head of Investor Relations
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
Email: 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
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