USU Software AG Announces Public Delisting Takeover Offer by NUNUS GmbH

NUNUS GmbH, a subsidiary of AUSUM GmbH which is the majority shareholder of USU Software AG, has officially published the offer document for the public delisting takeover offer. This offer aims at acquiring all the outstanding shares of USU Software AG not already owned by NUNUS GmbH. The offer, approved by the German Federal Financial Supervisory Authority (BaFin), is set at EUR 18.50 per share, marking a 10.4% premium over the statutory minimum price.

The acceptance period for this offer starts today and will conclude on June 13, 2024, with the possibility of a further acceptance phase. Interested shareholders can access the offer document online or request a physical copy through Landesbank Baden-Württemberg. Concurrently, USU Software AG has postponed its Annual General Meeting from July 2, 2024, to August 8, 2024, which will follow the completion of the delisting takeover offer settlement.