Acazis nearly doubles its share capital
(Thomson Reuters ONE) -
Acazis AG /
Acazis nearly doubles its share capital
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Gilching, Munich, 28th July 2011.
Acazis AG's capital increase carried out against cash contributions has been
successful. A total of 1,355,000 new shares were subscribed. More than 40% of
the shares which were authorised by the Board of Directors and the Supervisory
Board were thus drawn. The proceeds of the capital increase will be primarily
utilized for the company's expansion in Ethiopia.
"My thanks go first and foremost to Acazis' shareholders who, despite the
difficult economic climate, have proven that they continue to support the
company and its activities", states Patrick Bigger, CEO. He continues, "The
funds raised will be invested in the company's own production of peanuts as well
as the production of peanut oil. As a result, the production of peanut oil for
the Ethiopian market will be less influenced by the price fluctuations dictated
by the market. In addition to this, we will also increasing the cultivation of
castor in Ethiopia".
About the company
Acazis AG (Acazis) based in Gilching near Munich, operates in the cultivation
and use of castor plants, the production of edible oils, the provision of any
related services and the acquisition and management of companies and
shareholding in related companies as well as the as the carrying out of
Executive Board functions.
Contact:
Andreas Burger
Acazis AG, Landsberger Str. 18, D-82205 Gilching
Telefon: +49 8105 778 223 0, Telefax: +49 8105 778 223 9
info(at)acazis.com
--- End of Message ---
Acazis AG
Landsberger Str. 18 Gilching Germany
WKN: A1C9YF;ISIN: DE000A1C9YF1;
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Acazis AG via Thomson Reuters ONE
[HUG#1534313]
Unternehmensinformation / Kurzprofil:
Datum: 28.07.2011 - 11:43 Uhr
Sprache: Deutsch
News-ID 56795
Anzahl Zeichen: 2741
contact information:
Town:
Gilching
Kategorie:
Business News
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"Acazis nearly doubles its share capital"
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