ItN Nanovation AG

euro adhoc: ItN Nanovation AG
Financing, Stock Offerings (IPO)
ItN Nanovation IPO: Greenshoe option exercised completely

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(Saarbrücken, August 1, 2006) Due to the positive development of the ItN Nanovation AG share on the secondary market, the joint lead managers COMMERZBANK CORPORATES & MARKETS and HVB Corporates & Markets exercised their Greenshoe option completely on August 1, 2006.

In the context of the IPO of ItN Nanovation AG, further 180,057 shares were placed as over allotment at the issue price of EUR 20 per share in addition to the already placed 1,200,385 shares. The Greenshoe option was exercised completely. Following implementation of the underlying capital increase from authorised capital the IPO will consist of the sale of a total of 1,380,442 new shares. Accordingly, the placement volume amounts to a total of about EUR 27.6 million.

Following implementation of the capital increase from authorised capital to cover the Greenshoe option the Company will have a share capital of EUR 5,381,726, with a notional par value of EUR 1 per share.

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

Branche: Technology
ISIN:      DE000A0JL461
WKN:        A0JL46
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime