3U Holding AG — M&A Activity 2014

Aug 2, 2014

News Details

Ad-hoc | 2 August 2014 12:54

3U HOLDING AG: Sale of shares of the investment weclapp

3U HOLDING AG / Key word(s): Disposal/Investment

02.08.2014 12:54

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.

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• Successful first round financing of weclapp

• Sale of 5% of the shares

• Enterprise value amounts to EUR 10.0 million

3U HOLDING AG (ISIN DE0005167902) sold a 5 percent stake in its subsidiary
weclapp GmbH. weclapp is one of the leading providers of cloud-based ERP
systems. The purchase price for the transferred shares is TEUR 500 and is
based on a current enterprise value of EUR 10.0 million. After completion
of the transaction, 3U HOLDING AG still holds 70% of the company's shares;
25% of the shares are held by the Company's management.

The purchaser is an international operating E-Commerce company who is
convinced of the considerable growth and earnings potential, which lies in
the mega-trend of cloud computing in the area of SaaS solutions for
weclapp. The company has successfully been using the ERP system of weclapp
internationally for years.

The shareholders of weclapp negotiate regularly with strategic and
financial investors concerning a stake in the company. Further funding
rounds are planned as part of the continuing growth financing of weclapp in
the coming quarters.

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: IR@3U.net
www.3u.net

02.08.2014 The DGAP Distribution Services include Regulatory Announcements,
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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: IR@3U.net
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

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