3U HOLDING AG: 3U HOLDING AG receives draft of valuation report for subsidiary weclapp GmbH

Marburg (pta016/24.06.2019/10:00 UTC+2) -
* Draft of the valuation report puts the enterprise value of weclapp GmbH at EUR 70.3 million
* The valuation report was commissioned by the competent register court as part of the merger with the future weclapp SE and is a further step towards the implementation of the merger
* The Management Board assumes that the expert valuation in the final version will not deviate significantly from the e deviations determined in the draft to the expert valuation in the final version

Marburg, 24 June 2019 - The Management Board of 3U HOLDING AG (ISIN: DE0005167902) is carrying out a merger of weclapp GmbH into a Societas Europaea (SE) in order to expand the financing possibilities of weclapp GmbH and to be able to act at any time with regard to a possible IPO. 3U HOLDING AG holds 74.9998 % of weclapp GmbH as a shareholder. On 15 March 2019, a merger agreement between weclapp GmbH and an SE, which will operate under the name weclapp SE in the future, was notarized. The competent court commissioned an auditor to prepare a valuation report as part of the examination of the application for entry of the merger in the commercial register.

The Management Board of 3U HOLDING AG today received an advanced draft of the valuation report. The enterprise value of weclapp GmbH is quantified in this draft at EUR 70.3 million. The Management Board does not expect that the established enterprise value will change significantly in the final version of the valuation.

As has been publicly known for some time, 3U HOLDING AG is continuously analysing various additional financing options with a view to its growth strategy. Currently, an initial public offering as an option to finance the further, also international, expansion of the rapidly growing provider of cloud-based business software, weclapp GmbH, in future weclapp SE, is being examined intensively. This project and any measures required to implement it depend on the capital market environment. The Management Board of 3U HOLDING AG has not yet made a decision on the IPO. If the intention of an IPO becomes more concrete, the Management Board will communicate this immediately.

As a matter of precaution, it is pointed out that in the event of an IPO of weclapp SE, the stock market value depends on a number of factors and may be both below and above the value determined by the expert opinion for weclapp GmbH. The same applies to other financing options with regard to weclapp SE.

More information
Dr. Joachim Fleïng
Head of Investor Relations
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-Mail: ir@3u.net

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