euro adhoc: ItN Nanovation AG
Financing, Stock Offerings (IPO)
ItN
Nanovation AG sets Share Price and prospective Offering Period for IPO
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
24.07.2006
ItN Nanovation AG together with Commerzbank and HypoVereinsbank have agreed on further details for the planned initial public offering of ItN Nanovation AG:
The offering of up to 1,380,442 shares of the Company (after full overallotment) will take place in a fixed price process. The placement price for which purchase orders can be submitted, is EUR 20. The offering is expected to take place from 26 July 2006 until 27 July 2006 (2:00 p.m. Central European Daylight Savings Time) for retail investors and 4:00 p.m. (Central European Daylight Savings Time) for institutional investors. Trading of the shares in the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange is planned to commence on 28 July 2006.
There shall be a preferential allotment of shares at the placement price for the strategic investors Dr. Wilfried Stoll and Dr. h.c. Kurt Stoll and the shareholders of Nanostart AG, and as part of a "friends & family" program, including for employees of ItN Nanovation AG.
Disclaimer:
This publication is not an offer to sell, nor a solicitation to purchase securities. The offer in Germany will be made exclusively by means and on the basis of a prospectus, which has been approved by the German Federal Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) on 7 June 2006 and of a supplement thereto expected to be published on 25 July 2006. The prospectus is published on the website of ItN Nanovation AG under www.itn-nanovation.com where the supplement will also be published. The prospectus and the supplement will be available to investors free of charge during usual business hours at ItN Nanovation AG, at Bayerische Hypo- und Vereinsbank AG and at COMMERZBANK Aktiengesellschaft.
This ad hoc release is not for publication or distribution in the United States. The material set forth herein is for informational purposes only and is not intended, and should not be construed, as an offer of securities for sale into the United States. The securities of ItN Nanovation AG have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the laws of any State, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable State laws.
end of announcement euro adhoc 24.07.2006 23:20:38
Further inquiry note:
Andreas Kuntz
Corporate Communications
Tel.: +49 (0)681 5001 467
E-Mail: andreas.kuntz@itn-nanovation.com
Branche: Technology
ISIN: DE000A0JL461
WKN: A0JL46
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing