15.07.2024 07:00:37 - dpa-AFX: EQS-News: 3U HOLDING AG: merger of Selfio GmbH with Selfio SE entered into the commercial register (english)

3U HOLDING AG: merger of Selfio GmbH with Selfio SE entered into the
commercial register

EQS-News: 3U HOLDING AG / Key word(s): Investment/Mergers & Acquisitions
3U HOLDING AG: merger of Selfio GmbH with Selfio SE entered into the
commercial register

15.07.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

3U HOLDING AG: merger of Selfio GmbH with Selfio SE entered into the
commercial register

  * Merger of subsidiary Selfio GmbH into a Societas Europaea (SE) now
    completed


  * Share capital of the new Group company increases to more than EUR 30
    million


* IPO option for Selfio SE still under intensive review

Marburg, 15.07.2024 - Entry on 11 July 2024 into the commercial register of
Selfio GmbH, a wholly owned subsidiary of 3U HOLDING AG, marks the
completion of the company's merger with Selfio SE (Societas Europaea,
European Company). A respective merger agreement was notarized by the
shareholders back in 2023.

SELFIO GmbH has transferred its entire assets by way of a merger to the new
company. Accordingly, Selfio SE's share capital amounts to EUR 30.12
million. With regard to the assets contributed, an independent expert
opinion commissioned by the registry court attested that Selfio GmbH had an
enterprise value of more than EUR 30 million. The outcome of the expert
opinion was based on the balance sheet assets, including the company's
capital resources, on the one hand, as well as its existing customer base
and the associated future revenue potential, along with the company's
prospects for success, on the other. Upon completion and entry of the
merger, 3U HOLDING AG as the Group's parent company holds 100% of the shares
in Selfio SE.

The now completed merger and the choice of the company's legal form is be
seen in the context of 3U HOLDING AG's strategy in its SHAC (Sanitary,
Heating and Air Conditioning Technology) segment. A possible initial public
offering of Selfio SE as an option for financing growth is the subject of
further intensive review.

"The merger represents an important strategic step which underscores the
nature of a company aligned to growth, while significantly strengthening
Selfio's equity base and its credit standing," comments Uwe Knoke, Board
member responsible for Strategy and Business Development at 3U HOLDING AG.
"The necessary reorganisation of the company structure has now been
successfully concluded, which will enable Selfio's positioning in the market
to be reinforced," Knoke states in explanation.

About 3U:

3U HOLDING AG (www.3U.net), based in Marburg, Germany, was founded in 1997.
As the operating management and investment holding company, it heads up the
3U Group. With a view to increasing the value for the shareholders,
employees, customers, suppliers and all stakeholders, the company 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 operates successfully
and profitably with its business models in mega trends in all three segments
and is striving to attain market leadership in particular with its
e-commerce business model.

3U HOLDING AG shares are traded on XETRA, Tradegate and on German regional
stock exchanges (ISIN: DE0005167902; identifier: UUU).




Contact:
Thomas Fritsche
Leitung Unternehmenskommunikation & 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


---------------------------------------------------------------------------

15.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   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:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1945681




End of News EQS News Service
---------------------------------------------------------------------------

1945681 15.07.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
3U HOLDING AG 516790 Xetra 1,766 16.08.24 17:36:09 +0,020 +1,15% 0,000 0,000 1,744 1,766

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH