EQS-Ad-hoc: USU Software AG / Key word(s): Transaction in Own Shares
USU Software AG: Recall of Treasury Shares
26-March-2024 / 10:19 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
On the basis of the authorization given on June 26, 2020, the Management Board of USU Software AG today decided to recall all 487,286 shares held by the company. The company’s subscribed capital remains unchanged by this. The recalled shares represent 4.6% of the shares issued.
Following the entry into force, the subscribed capital will remain unchanged at EUR 10,523,770, divided into 10,036,484 individual shares. After the recall each share represents a notional value of EUR 1.048 of the subscribed capital.
The Company will hold no more treasury shares after this recall.
The technical settlement of the share recall will be implemented immediately.
USU Software AG
Corporate Communications
Dr. Thomas Gerick
Tel.: +49 (0) 71 41 - 48 67 440
Fax: +49 (0) 71 41 - 48 67 909
E-Mail: thomas.gerick@usu.com
End of Inside Information
26-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
USU Software AG
Spitalhof
71696 Möglingen
Germany
Phone:
+49 (0)7141 4867-0
Fax:
+49 (0)7141 4867-200
E-mail:
info@usu-software.de
Internet:
www.usu-software.de
ISIN:
DE000A0BVU28
WKN:
A0BVU2
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
USU Software AG is a Germany-based company that develops and markets end-to-end software solutions. It operates through two sectors: Product Business and Service Business. The Product Business sector includes products and services in the areas of infrastructure management, software license management, service/change management, finance management, process management and knowledge management. The Service Business sector encompasses consulting services for Information Technology (IT) projects and individual application development. The Company has subsidiaries in Germany, Switzerland, the Czech Republic, Austria and the United States, such as unitB technology GmbH and SecurIntegration GmbH. Its customers operate mainly in the field of financial services, telecommunications, the automotive industry, consumer goods, services and trade, as well as the public sector.