Marburg, November 12, 2015 – The Management Board of 3U HOLDING AG (ISIN DE0005167902) has decided to suspend the share buyback program ongoing since May 2, 2013 on November 13, 2015 today.
The Management Board of 3U HOLDING AG had decided on the basis of the authorisation granted by the annual general meeting of May 31, 2012 to repurchase up to 10% of its own shares (up to 3,531,401 shares) on the stock exchange during the period from May 1, 2013 until not later than May 30, 2017. The authorization by the AGM allows the Management Board the right to suspend the share buyback at any time, in accordance with the legal requirements to be observed.
In the scope of the share buyback programme started on May 2, 2013, 2,165,560 shares at an average price of around EUR 0.57 were repurchased by November 6, 2015; corresponding to 6.13% of the share capital of EUR 35,314,016.00.
The Management Board reserves the right to resume the share buyback at any time, in accordance with the legal requirements. The shares may be used for all purposes according to the authorization given by the resolution of the Annual General Meeting of May 31, 2012. A decision has not been passed in this regard yet.
Head of Investor Relations
3U HOLDING AG
Tel.: +49 (0)6421-999-1200
Fax.: +49 (0)6421-999-1222
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