ItN Nanovation AG

ItN Nanovation starts IPO roadshow

Offer period may begin June 19

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June 8. ItN Nanovation AG is marketing its shares to the general public as of today. "ItN Nanovation is one of the few nanotechnology companies that has already established products on the market and is about to make a global roll-out. We consider our business model to be outstanding: we produce nanoparticles on an industrial scale and process them to ceramic products", says Chief Executive Officer Dr Tillmann C. Lauk.

The pricing is subject to a decoupled bookbuilding process with the price range being set and published in the course of the Management Roadshow. The offer period is scheduled from 19 to 21 June 2006. First day of trading is planned for 22 June 2006.

On the basis of the current share capital of 4,001,284 shares, the offer contains up to 1,380,442 shares. Thereof, 1,200,385 shares result from a capital increase against cash contributions. In addition, up to 180,057 shares derive from a greenshoe option. These shares are coming from a capital increase too.

Prior to the IPO, approximately two thirds of the ItN Nanovation shares are held by financial investors (e.g. Nanostart AG and TechnoStart). The founders, the management and the employees hold the residual one third of the Company's shares. At the time of the IPO, the existing shareholders will not sell any of their ItN Nanovation shares.

ItN Nanovation AG’s shares will be listed in the Prime Standard at Frankfurt Stock Exchange with the ISIN DE000A0JL461. The offer includes a public offering in Germany and an international private placement outside both Germany and the USA.

ItN Nanovation has mandated Commerzbank and HypoVereinsbank to act as joint lead managers and joint bookrunners.

The prospectus for the IPO was approved by the German Federal Supervisory Authority (BaFin) 7 June 2006 and has been published on the ItN Nanovation website ( A printed version of the prospectus is also available from ItN Nanovation AG and the joint lead managers.

In the 2005 fiscal year, ItN Nanovation increased sales by 21.4 per cent, from  EUR 4.0 million in the previous year to EUR 4.8 million. Earnings from ordinary business operations improved from EUR -2.5 million to EUR -2.2 million.

About ItN Nanovation:

ItN Nanovation AG is one of the leading international nanotechnology companies. It develops innovative ceramic products, such as coatings for large industrial customers and filter systems. The nanoscale powder needed for this purpose is manufactured by the company itself. ? ItN Nanovation was established in 2000 and has more than 60 employees today. The company’s success is attributable to an extensive patent portfolio as well as to comprehensive development and application know-how.


This publication is not an offer to sell, nor a solicitation to purchase securities. The offer will be made exclusively through and on the basis of a securities prospectus to be published.

The Information contained herein 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 described herein 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 front, or in a transaction not subject to, the registration requirements of the Securities Act and applicable State laws. No money, securities or other consideration is being solicited and, if sent in response to the Information contained herein, will not be accepted.

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ots Originaltext: ItN Nanovation AG
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Further inquiry note:
Andreas Kuntz
Public Relations Manager
Tel.: +49 (0)681 5001 467

Branche: Inorganic chemicals
ISIN:      DE000A0JL461
WKN:        A0JL46
Börsen:  Frankfurter Wertpapierbörse / admission applied: official

Original-Content von: ItN Nanovation AG, übermittelt durch news aktuell

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