05.11.2013 ItN Nanovation AG  DE000A0JL461

DGAP-Adhoc: ItN Nanovation AG: Capital increase has been fully placed


 
ItN Nanovation AG / Key word(s): Capital Increase 05.11.2013 18:19 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ItN Nanovation AG (ISIN DE000A0JL461) has successfully completed its capital increase against cash contribution. The entire volume of 1,687,441 new shares was placed at a price of 2.27 EUR per share with the current shareholders of the company within the subscription period as well as in a subsequent private placement with institutional investors. Nearly 90 per cent of the overall volume was to be attributed to regular subscription and over-subscription. The company considers this successful capital increase and the high demand a vote of confidence in the market positioning and growth strategy of ItN Nanovation, as a result of which the capital stock of ItN Nanovation AG increased to 13.520.207 Euro, divided into the same number of shares. The capital increase is expected to be published shortly in the commercial register. The gross cash inflow for the company amounts to 3.8 million EUR. The fresh funds will be used to secure liquidity, strengthen the equity base and to finance the expected growth of the company. ItN Nanovation AG Managing Board Contact: ItN Nanovation AG Untertuerkheimer Str. 25 66117 Saarbruecken Phone: +49 (0) 681/5001-460 Fax: +49 (0) 681/5001-499 Email: [email protected] www.itn-nanovation.com IR Contact: edicto GmbH Axel Muehlhaus Eschersheimer Landstraße 42 60322 Frankfurt am Main Phone: +49 (0) 69/905 505-52 Fax: +49 (0) 69/905 505-77 Email: [email protected] 05.11.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ItN Nanovation AG Untertürkheimer Straße 25 66117 Saarbrücken Germany Phone: +49 (0) 681 / 50 01 - 460 Fax: +49 (0) 681 / 50 01 - 499 E-mail: [email protected] Internet: www.itn-nanovation.com ISIN: DE000A0JL461 WKN: A0JL46 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, München End of Announcement DGAP News-Service ---------------------------------------------------------------------------