Brief: 3U Holding Places About 1.2 Mln Own Shares With Institutional Investors

3U Holding AG

14/09/2020 10:03

Sept 14 (Reuters) - 3U HOLDING AG  UUUG.DE :
    * PLACES AROUND 1.2 MILLION OWN SHARES WITH INSTITUTIONAL
INVESTORS
    * HAS SOLD 1,183,640 OF ITS OWN SHARES TO LUPUS ALPHA ASSET
MANAGEMENT GMBH
    * PURCHASE PRICE AMOUNTED TO EUR 1.747 PER SHARE
    * NET PROCEEDS OF TRANSACTION ARE TO BE USED TO FINANCE
FURTHER
GROWTH OF SUBSIDIARY WECLAPP SE
    * AFTER COMPLETION OF TRANSACTION, 3U HOLDING AG HOLDS NO
TREASURY
SHARES

Source text for Eikon:  ID:nNDLc4snq 
Further company coverage:  UUUG.DE 

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