The Frankfurt Stock Exchange informed USU Software AG today that the company's application for revocation of the admission of the shares of USU Software AG (ISIN: DE000A0BVU28) to trading on the regulated market of the Frankfurt Stock Exchange and in the sub-segment of the regulated market (Prime Standard) has been granted with effect from the end of July 2, 2024. After this date, USU shares can no longer be traded on the Frankfurt Stock Exchange.
USU has also applied to the Berlin (Berlin Second Regulated Market), Düsseldorf, Hamburg, Munich, and Stuttgart stock exchanges and the Xetra electronic trading system for the shares of USU Software AG to no longer be traded over the counter on these stock exchanges, if possible at the end of July 2, 2024 or shortly thereafter, and for existing listings to be discontinued with effect from this date.
In accordance with the end of the further acceptance period for the public delisting purchase offer of NUNUS GmbH, the delisting will therefore become effective at the end of July 2, 2024.
The post-admission and transparency obligations such as the ad-hoc disclosure obligation and the obligation to prepare half-yearly financial reports and quarterly statements of USU will cease to apply as a result of the revocation of the admission and the further applications to cease trading on the stock exchange at the end of July 2, 2024.