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ACON Actienbank AG successfully finalised its advisory mandate for the capital increase of Curcas Oil N.V.

ACON Actienbank AG successfully finalised its advisory mandate for the capital increase of Curcas Oil N.V.

Munich, October 25, 2010 - ACON Actienbank AG successfully finalised its advisory mandate for the capital increase of Curcas Oil N.V. from August 13 to September 21, 2010. In the course of the capital increase ACON Actienbank AG was responsible for the whole securities management and the structuring of the transaction.

Curcas Oil N.V. is one of the leading producers for crude Jatropha oil. Through its subsidiaries Alternative Energy Manufacturing Ltd. (Thailand), PT Pengembangan Jarak Indonesia and Curcas Oil Philippines Inc., Curcas Oil N.V. cultivates Jatropha plants for the production. Due to its extensive range of experience and contacts to investors interested in alternative energy as well as to local governments, the company also offers consulting services within the area of cultivating Jatropha, enters into Joint Ventures and invests into respective companies.

From August 13 to August 30, 2010, Curcas Oil N.V. offered to its shareholders a total of up to 210,000 new shares of the company, divided into two tranches. Afterwards, unsubscribed shares were offered to selected investors in the course of a private placement.
In total, the company placed 19.1 m new shares and genereated new funds of EUR 3.9 m. 

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About ACON Actienbank AG

ACON Actienbank AG, founded in 2006, is a securities trading bank specialised on Investment Banking services in the course of small and medium-sized transactions. Its focus is on the structuring and execution of capital market transactions within all market segements as well as M&A and financing transactions.

ACON Actienbank AG  is a member of Munich Stock Exchange, admitted to Frankfurt Stock Exchange and a Deutsche Börse Listing Partner.

ACON Actienbank AG is a subsidiary of Navigator Equity Solutions SE, a publicly listed holding company with a strog focus on service companies.

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