2025 ahead ayondo Franchise coming soon
Happy 
xMas Holidays
xMas Holidays
xMas Holidays
|
DGAP-Ad-hoc: USU Software AG / Key word(s): Share Buyback
Möglingen, August 31, 2022 - On the basis of the positive figures for the first half of 2022, the Management Board of USU Software AG (ISIN DE000A0BVU28) has today resolved, with the approval of the Supervisory Board, to make the company’s shareholders a public share buyback offer for up to 523,770 of the company’s shares (around 5% of the share capital) at a set price of EUR 18,75 per share (ISIN DE000A0BVU28).
The offer price of EUR 18,75 is equivalent to a premium of around 10% based on the arithmetic average of the price of the company’s shares in the closing auction in Xetra trading on the Frankfurt stock exchange over the last ten trading days before the publication of this decision to make a public tender offer. USU Software AG is thus exercising the authorization to acquire its own shares that was resolved by the company’s Annual General Meeting on June 26, 2020. The repurchased shares can be used for the purposes stipulated in the authorization resolution. The offer period is due to begin on September 7, 2022 at 00:00 a.m. (CET) and end at midnight/12:00 p.m. (CET) on October 5, 2022. The offer document will be published in the Federal Gazette on September 7, 2022, from which date it will also be available on the company’s website. Contact: USU Software AG Investor Relations Falk Sorge Spitalhof D-71696 Möglingen Tel.: +49 (0) 71 41 - 48 67 351 Fax: +49 (0) 71 41 - 48 67 108 E-Mail: falk.sorge@usu.com 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 Information and Explanation of the Issuer to this announcement: USU increased its consolidated sales by approximately 15% to EUR 30.7 million and its EBITDA by more than 9% to EUR 3.8 million (Q2/2021: EUR 3.5 million) in the second quarter of 2022 alone. Over the first half of the year, USU’s consolidated sales rose by approximately 12% to EUR 60.3 million (Q1-Q2/2021: EUR 53.9 million) while its EBITDA grew by more than 9% to EUR 7.3 million (Q1-Q2/2021: EUR 6.7 million). The USU Group’s liquidity also increased to EUR 26.3 million as of June 30, 2022 (December 31, 2021: EUR 24.3 million). Furthermore, thanks to a large number of new and follow-up orders, USU set a new record for orders on hand of EUR 78.3 million as of the end of the second quarter of 2022 (June 30, 2021: EUR 66.2 million).
31-Aug-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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 |
| EQS News ID: | 1431829 |
| End of Announcement | DGAP News Service |
|
|
1431829 31-Aug-2022 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
