Joint press release of 3U HOLDING AG and weclapp SE
Marburg and Frankfurt/M., Germany, 04 February 2022 – Clearstream AG announced on 02 February 2022 that the admission of registered shares of weclapp SE to collective safe custody of weclapp SE has been postponed indefinitely. This is a technical process for registered shares, which does not result from an initiative of weclapp SE. This implies that the necessary technical requirements for the establishment of collective safe custody of the shares on the part of Clearstream are being met.
The executive boards of weclapp SE and 3U HOLDING AG declare in this regard: It was announced in August 2021: “The Executive Board of weclapp SE decided on July 26, 2021, (…) to [aim for] a date for the possible IPO of the company (…) in the course of the first half of 2022.” The realization of this possibility was and is subject to a favourable stock market environment. This is still the resolution position and preparations for a possible IPO are ongoing; however, a date has not yet been set.
Contact at 3U HOLDING AG
Dr. Joachim Fleïng
Head of Investor Relations
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
Email: email@example.com www.3u.net
3U HOLDING AG (www.3u.net) 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 ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). 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).
weclapp SE was founded in 2008 and has been offering the cloud-based platform of the same name since 2013. Since market entry, the company has grown by an average of almost 100% (CAGR) and is turning a profit. With Software-as-a-Service (SaaS), it mainly addresses small and medium-sized enterprises, with integrated ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) functionalities in particular. Customers thus have unrestricted access to their business transactions and data from any Internet-enabled device and from any location connected to the Internet. With storage and computing capacities in Germany and Switzerland and ISO 27001 certification, weclapp offers a high level of data security. The platform has repeatedly won awards as ERP system of the year. weclapp SE operates out of Frankfurt am Main and maintains branches in Marburg Kitzingen. Karlsruhe and Worms It is a subsidiary of Marburg-based 3U HOLDING AG. www.linkedin.com/company/weclapp.