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.