Navigator Equity Solutions SE: 80% divestment of ACON Actienbank AG completed

Waalre 19.10.2018 – Navigator Equity Solutions SE announces, that its minority shareholding in The ACON Group SE (Navigator Equity Solutions SE holds a 49.99% stake) as in the ad hoc announcement of 22.12.2017 published contract of 80% divestment of the shares of ACON Actienbank will effectuate on October 20, 2018 (closing of the transaction). The acquirer JFD Brokers, Ltd., Cyprus (www.jfdbrokers.com) has been informed by the German Federal Financial Supervisory Authority (BaFin) that for supervisory reasons there are no objections to the acquisition of a majority stake in ACON Actienbank AG.

Navigator Equity Solutions SE continues to hold a stake in ACON Actienbank AG through its minority shareholding in The ACON Group SE.

Navigator Equity Solutions SE expects a slightly positive profit contribution from this transaction.     

For further questions, please contact our Investor Relations Team directly:

Navigator Equity Solutions SE
Investor Relations

t.: +49 89-244118-300

f.: +49 89-244118-310

info@navigator-equity.com