DGAP-News: ItN Nanovation AG: Subscription period for capital increase starts on 21 October 2013

DGAP-News: ItN Nanovation AG: Subscription period for capital increase starts on 21 October 2013

ID: 307144

(firmenpresse) - DGAP-News: ItN Nanovation AG / Key word(s): Capital Increase
ItN Nanovation AG: Subscription period for capital increase starts on
21 October 2013

18.10.2013 / 15:07

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* Subscription price will be 2.27 Euro per share
* Subscription period ends on 4 November 2013
* Oversubscription possible
* Funds will be used to secure liquidity and to finance the company's
growth

Saarbruecken - 18 October 2013. The Supervisory and the Management Board of
ItN Nanovation AG (ISIN DE000A0JL461) - based on the resolution passed on
the Annual General Meeting of 21 August 2013 - have decided to perform a
capital increase with subscription rights against cash contribution. With
this measure, the share capital will be increased to up to 13,520,207 EUR
by issuing up to 1,687,441 new shares.

The current shareholders of the company may acquire new shares exercising
their subscription right in a ratio of 7:1 at a price of 2.27 EUR per share
from 21 October 2013 until 4 November 2013 (4 p.m.). Within the
subscription period, shareholders may submit a binding subscription offer
for an oversubscription; the allocation of shares cannot be granted,
however. Subscription rights will not be traded. In addition, unsubscribed
shares may be offered in a private placement for the price of 2.27 EUR. The
new shares are entitled to profit-sharing from 1 January 2013.

The gross proceeds from the capital increase will correspondingly amount to
3.8 million EUR. The fresh funds are to secure liquidity and to strengthen
equity. Furthermore, they will be needed to finance the expected dynamic
growth of the company.

Contact:

ItN Nanovation AG
Untertuerkheimer Str. 25
66117 Saarbruecken
Phone: +49 (0) 681/5001-460
Fax: +49 (0) 681/5001-499




Email: ir(at)itn-nanovation.com
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: amuehlhaus(at)edicto.de


End of Corporate News

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18.10.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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: ir(at)itn-nanovation.com
Internet: www.itn-nanovation.com
ISIN: DE000A0JL461
WKN: A0JL46
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München


End of News DGAP News-Service
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235263 18.10.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 18.10.2013 - 15:07 Uhr
Sprache: Deutsch
News-ID 307144
Anzahl Zeichen: 2092

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Kategorie:

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