Brief: 3U Holding Gets Draft Valuation Report For Subsidiary weclapp
24/06/2019 08:49
June 24 (Reuters) - 3U HOLDING AG UUUG.DE :
* PTA-ADHOC: 3U HOLDING AG: 3U HOLDING AG RECEIVES DRAFT
VALUATION
REPORT FOR SUBSIDIARY WECLAPP GMBH
* RECEIVED DRAFT OF VALUATION REPORT, ACCORDING TO WHICH
ENTERPRISE VALUE IS ESTIMATED AT EUR 70.3 MILLION
* MANAGEMENT BOARD DOES NOT EXPECT ESTABLISHED ENTERPRISE
VALUE TO
CHANGE SIGNIFICANTLY IN FINAL VERSION OF VALUATION
* IN EVENT OF AN IPO OF WECLAPP, STOCK MARKET VALUE WILL
DEPEND ON
NUMBER OF FACTORS AND MAY BE BELOW OR ABOVE VALUE DETERMINED BY
EXPERT OPINION
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