euro adhoc: ItN Nanovation AG
Financing, Stock Offerings (IPO)
Shares in ItN
Nanovation AG successfully placed
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
27.07.2006
Saarbrücken, July 27, 2006. ItN Nanovation AG has completed bookbuilding successfully applying a fixed-price procedure. Including over allotments, a total of 1,380,442 shares were allocated at a price of EUR 20. The issue volume therefore amounts to about EUR 27.6 million. Official trading in the Prime Standard at Frankfurt Stock Exchange is to start on July 28, 2006.
Circa 7.5 per cent of the shares offered for subscription (including over allotments) were placed with private investors. Since the issue was oversubscribed significantly, shares were allocated to the private investors of the banking syndicate by drawing lots, in which every fifth order was allotted with 20 per cent of its demand.
In the context of a preferential allocation procedure, 355,114 shares were allocated to each of the two strategic investors Dr Wilfried Stoll and Dr h.c. Kurt Stoll, 8,450 shares to shareholders of Nanostart AG and 23,397 shares to employees and members of the supervisory board of ItN Nanovation AG, among others, as part of a "Friends & Family" programme.
Disclaimer:
This publication is not an offer to sell, nor a solicitation to purchase securities. The offer in Germany has been 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 no. 1 thereto approved on 25 July 2006. The prospectus and supplement no. 1 thereto is published on the website of ItN Nanovation AG under www.itn-nanovation.com. The prospectus and the supplement no. 1 thereto both are 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This ad hoc release is not for publication or distribution in the United States.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 27.07.2006 21:16:37
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 / regulated dealing/prime
standard