Management board and supervisory board of ItN Nanovation AG will propose a capital increase to the General Meeting

Management board and supervisory board of ItN Nanovation AG will propose a capital increase against cash contributions to the General Meeting

Saarbruecken, 09th July 2013. Management board and supervisory board if ItN Nanovation AG (ISIN DE000A0JL461) will propose a capital increase against cash contributions to the General Meeting scheduled for 21 August 2013 in Saarbruecken. If this proposal were to be adopted, the share capital of the company would increase from ca. 11.832.766 EUR to 13.520.207 EUR through the issuance of 1.687.441 new shares with a nominal value of 1 Euro. The shares will be issued at a price of at least EUR 1.00 and a maximum of EUR 2.27 per share. The new shares shall be offered for purchase to the existing shareholders by granting them an indirect subscription right. For more details, please refer to the invitation to the General Meeting which will be published on the company's website.

ItN Nanovation AG
Managing board

ItN Nanovation AG based in Saarbruecken, Germany, is one of the leading nanotechnology companies in the world, developing innovative water filtration systems for large industrial customers.

ItN stands for "Innovation through nanotechnology" and reflects the company's well-founded nanotechnology know how.

Further inquiry note:

ItN Nanovation AG
Untertürkheimer Str. 25
66117 Saarbrücken
Phone: +49 (0) 681/5001-460
Fax: +49 (0) 681/5001-499
Email: info@itn-nanovation.com
http://www.itn-nanovation.com/investors/news.html

IR Contact:

edicto GmbH
Mr. Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Phone: +49 (0) 69/905 505-52
Fax: +49 (0) 69/905 505-77
Email: amuehlhaus@edicto.de

This release was published on openPR.