USU Software AG Announces Recall of Treasury Shares

USU Software AG has announced the decision to recall all 487,286 shares previously held by the company, based on the authorization from June 26, 2020. This move will not affect the company’s subscribed capital, which remains at EUR 10,523,770, split into 10,036,484 individual shares. The recalled shares account for 4.6% of the issued shares, ensuring that, following the procedure, each share represents a notional value of EUR 1.048 of the subscribed capital. The recall signifies that USU Software AG will no longer hold any treasury shares.

The company has stated that the technical settlement of this share recall will be implemented with immediate effect. The recall of treasury shares is a step that reflects the management's decisions regarding the company's capital structure and shareholder value. USU Software AG's communication offices have provided the necessary contact information for investors and corporate communications, indicating openness for further discussions on this matter.