HEUKING advises ICF BANK AG Wertpapierhandelsbank on capital increase of UmweltBank Aktiengesellschaft
A team led by HEUKING Partner Dr. Mirko Sickinger and Senior Counsel Dr. Andreas Meyer advised ICF BANK AG Wertpapierhandelsbank, Frankfurt am Main, on a capital increase by UmweltBank Aktiengesellschaft, Nuremberg. The transaction comprised a rights issue for cash, utilizing authorized capital. The offering was based on a so-called “Annex IX document” replacing a prospectus under Regulation (EU) 2017/1129 and was supplemented by a private placement of unsubscribed shares (“rump placement”).
The capital increase was managed by ICF BANK AG Wertpapierhandelsbank as sole global coordinator, with ICF BANK AG and M.M.Warburg & CO (AG & Co.) KGaA acting as joint bookrunners. ICF BANK AG also acted as indirect subscription agent, coordinating the technical execution. The subscription period ran from September 1 to 17, 2025, followed by the rump placement on September 18, 2025.
ICF BANK AG Wertpapierhandelsbank is one of Germany’s leading securities trading banks. It serves institutional and professional clients with services in connection with capital markets transactions, trading, and settlement. It specializes in the execution of complex capital measures.
UmweltBank Aktiengesellschaft combines finance with ecological and social responsibility since its foundation, financing projects in renewable energy, green construction, and social infrastructure. The capital increase supports the bank’s plan to expand its lending activities, particularly to finance sustainable projects.
Counsel to ICF BANK AG Wertpapierhandelsbank
HEUKING:
Dr. Mirko Sickinger, LL.M. (Columbia University), Cologne and Frankfurt,
Dr. Andreas Meyer, Frankfurt,
Franziska Marisa Decker, M.A. (all Capital Markets), Cologne
