Frankfurt / Main – ItN Nanovation AG (ISIN A0JL46, ticker symbol: I7N), a portfolio company of the Frankfurt-based Nanostart AG, debuted today successfully on the trading floor. The listing took place on the organized market part together with further follow-up mandatory reports (Prime Standard) of the Frankfurt Stock Exchange.

A total of 1,380,442 shares including multiple allocations at a price of EUR 20 each were allocated. The volume of issues thus amounts to approximately EUR 27,6 million and accrues fully to the company. The opening price of ItN Nanovation AG shares were at EUR 25 and thus 25 % above the issue price. During the course of the morning, the price rose to EUR 25,20.

Due to the very strong interest of both private and institutional investors, the issue was several times oversubscribed. As a result of the huge demand, the underwriting banks, Commerzbank and HypoVereinsbank, could have placed in a three-digit million amount.

Together with its subsidiary VentureTech Equity-Partners GmbH, Nanostart AG is the greatest shareholder of ItN Nanovation AG. Nanostart AG currently holds 20,06 %, which equals 1.079.877 of the shares in ItN Nanovation AG.

„The first IPO of a nanotechnology company in the Prime Standard segment at all is an important milestone for Nanostart AG. We are also very happy that Nanostart AG shareholders were given the privileged opportunity to participate in the offer of ItN Nanovation AG,” said Marco Beckmann, CEO of Nanostart AG.

Each shareholder of Nanostart AG, thanks to the preferred distribution, was given the opportunity to benefit from the IPO of ItN Nanovation AG. All subscription orders by investors of Nanostart AG who could subscribe for 25 ItN-shares were carried out. Non-Nanostart shareholders hardly managed to get hold of an allocation; due to the extremely high demand only every fifth order was serviced with 20 %.

About ItN Nanovation AG:
ItN Nanovation AG ranks among the world's leading nanotechnology companies. The company is headquartered in Saarbrücken and also operates a production site in Halberstadt, a modern site for wet-chemical production of nanomaterials and their conversion into industrial-scale function ceramics. The company that was founded in 2000 employs a staff of more than 60 employees. For more information please visit: www.itn-nanovation.com

About Nanostart AG:
Nanostart AG is Europe's leading nanotechnology investment company whose activities are divided into two areas: one of its focuses is investing in fast-growing nanotechnology companies; its other key area of activity is advising companies in the financial industry on investments in the nanotechnology sector.

Disclaimer:
This press release does not represent an offer to sell nor an invitation to submit a bid or to subscribe for shares. A public offer of shares by Nanostart AG in connection with the listing of shares in the open market part “Entry Standard” of the Frankfurt Stock Exchange does not take place. This press release does not constitute a prospectus. This press release and the information contained therein are not designed for the direct or indirect transmittal to or circulation within the United States of America, Canada, Australia or Japan.

Media contact:
Nanostart AG
Public Relations
Dr. Hans Joachim Dürr
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60313 Frankfurt
Germany
phone: +49 (0)69-21 93 96 111
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