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3U Holding AG — M&A Activity 2014
Oct 22, 2014
3_rns_2014-10-22_5609c844-5f70-4f00-9d93-9c9ea67d2273.html
M&A Activity
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News Details
Ad-hoc | 22 October 2014 17:49
HOLDING AG: Withdrawal from the purchase agreement for partial sale of shares of the investment weclapp
3U HOLDING AG / Key word(s): Contract
22.10.2014 17:49
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
3U HOLDING AG (ISIN DE0005167902) announced on August 2, 2014, that it had
sold a 5 percent stake in its subsidiary weclapp GmbH. The purchase price
for these shares was TEUR 500.
Since the buyer of these shares - the Berinia GmbH from Berlin - has not
paid the major part of the purchase price yet despite repeated reminders,
3U HOLDING AG today withdrew from the contract of sale. As a consequence 3U
HOLDING AG holds again 75% of the shares in weclapp GmbH after reassignment
of the partial stake, while 25% of the shares are retained by the Company's
management.
Contact:
Peter Alex
Head of Investor Relations
3U HOLDING AG
Frauenbergstraße 31-33
D-35039 Marburg
Tel.: + 49 (0)6421 999-1200
Fax: + 49 (0)6421 999-1222
Email: [email protected]
www.3u.net
22.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: 3U HOLDING AG
Frauenbergstraße 31-33
35039 Marburg
Germany
Phone: +49 (0)6421/999-1200
Fax: +49 (0)6421/999-1222
E-mail: [email protected]
Internet: www.3u.net
ISIN: DE0005167902
WKN: 516790
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service