ItN Nanovation AG

euro adhoc: ItN Nanovation AG
Financing, Stock Offerings (IPO)
Festo Shareholders to buy shares of ItN Nanovation AG in the context of an IPO

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ItN Nanovation AG has entered into an agreement with Dr. Wilfried Stoll and Dr. h.c. Kurt Stoll, in which they undertake to acquire shares of the company at an aggregate purchase price of approximately EUR14 million in case of a public offering of ItN Nanovation shares. Dr. Wilfried Stoll and Dr. h.c. Kurt Stoll are both 25 % shareholders of Festo GmbH & Co. KG, which holds 100% of Festo AG.

In accordance with the agreement, Dr. Wilfried Stoll and Dr. h.c. Kurt Stoll each commit themselves to acquire corresponding amounts of shares of ItN Nanovation. In return ItN Nanovation AG has committed to support a corresponding allocation of the shares in the offering .


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. Investors should not make an investment decision with respect to the shares or any other securities of ItN Nanovation AG except on the basis of the information contained in the prospectus relating to the shares. The prospectus is published on the website of ItN Nanovation AG under and 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This ad hoc release is not for publication or distribution in the United States.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.

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ots Originaltext: ItN Nanovation AG
Im Internet recherchierbar:

Further inquiry note:
Andreas Kuntz
Tel.: +49 (0)681 5001 467

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

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

Weitere Meldungen: ItN Nanovation AG

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