Corporate Transactions Involving Circus SE on 3 – 5 February 2026

Circus SE, a Hamburg‑based technology firm specializing in software and robotics for the food‑service industry, reported a series of transactions involving a legal entity closely associated with its executive management. All disclosures were filed with the German authorities and published on financial news platforms on 3 – 5 February 2026.

1. Executive‑Related Share Purchases

  • Entity involved: Nikolas Bullwinkel Beteiligungs UG (haftungsbeschränkt).
  • Relationship to company: The entity is described as “in close relationship” to Nikolas Bullwinkel, the Managing Director and Member of Circus SE’s management board.
  • Transactions:
  • 02 Feb 2026: Purchase of 1,138 shares at €8.78 each.
  • 03 Feb 2026: Purchase of 1,227 shares at €9.28 each.
  • 05 Feb 2026: Further purchases were reported, though the exact share count and price are not specified in the available excerpts.
  • Valuation: At the time of the 03 Feb transaction, Circus SE shares were trading at €9.12 (close price 2026‑02‑03), indicating that the purchase price was slightly below market levels on that day.

2. Regulatory Filings

  • Sources of disclosure:
  • Unternehmensregister.de – Formal filings under the German “Meldung und öffentliche Bekanntgabe” regime.
  • eqs‑cockpit.com and eqs‑news.com – Electronic securities exchange notification portals.
  • Finanzen.net – Media coverage summarizing the filings.
  • Content of filings: Each filing includes:
  1. Identification of the transaction party (Nikolas Bullwinkel Beteiligungs UG).
  2. Reason for notification – “Position/Status: Person in close relationship to Nikolas Bullwinkel, Managing Director and Member.”
  3. Details of the transaction (share count and price for the 02 Feb and 03 Feb events).

3. Market Impact

  • The share price of Circus SE on 3 Feb 2026 closed at €9.12, which is below the 52‑week low of €8.5 (2026‑02‑01) but within the 52‑week range (high €26.8 in 2025‑03‑17).
  • The transactions did not trigger any immediate volatility beyond the normal intraday fluctuations; the shares continued to trade in a green band on the FSE market.

4. Company Context

  • Circus SE’s market capitalization is €247.46 million.
  • The company’s price‑to‑earnings ratio is negative (–17.82), reflecting its current operating losses typical for a technology firm investing heavily in R&D.
  • The company’s core business involves providing software solutions and robotics for kitchen process optimization and precision meal production.

5. Summary

The disclosures confirm that a legal entity closely tied to Circus SE’s Managing Director executed multiple share purchases in early February 2026. These transactions are routine under German corporate governance rules for related‑party dealings and were reported through the appropriate regulatory channels. No unusual trading activity or regulatory concern has been noted in the available reports.