DGAP-Ad hoc: ItN Nanovation AG

DGAP-Adhoc: International investor intents to entry into ItN Nanovation AG

ItN Nanovation AG / Key word(s): Miscellaneous

02.08.2016 10:58

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Saarbrücken, August 2nd, 2016. The company Shanghai SafBon Investment Co., Ltd. ("SafBon") intents an extensive commitment into ItN Nanovation AG (ISIN DE000A0JL461). After intensive discussions with ItN's management and supervisory board as well as the major shareholders of ItN Nanovation AG, SafBon has just announced to acquire shares of around 9.7 million at a price of 0.10 Euro per share of the present major shareholders, the Stoll Families and Coreo AG, until Sep 30th, 2016. Corresponding contracts under the law of obligations between SafBon and the Stoll Families as well as the Coreo AG have already been signed.

Furthermore, SafBon plans a subscription to a capital increase of 1.50 million shares against cash with ItN's shareholders' subscription rights excluded at a price of 2.00 Euro per share until November 30th, 2016 at the latest. After execution of this transaction SafBon would hold shares of 67.7 percent of the voting rights of ItN Nanovation AG. All measures are still subject to governmental approval.

Moreover, Safbon wants to grant a loan of 0.5 million Euro to ItN Nanovation AG until August 3rd, 2016 at the latest. A General Agreement was signed between SafBon and ItN about all above mentioned measures. The management board explicitely welcomes the mentioned development and the planned commitment by SafBon

Explanation

SafBon Investment Co., Ltd. is part of Shanghai SafBon Water Service Co., Ltd (www.safbon.com), which is listed on the stock exchange Shenzen and specialized in the field of Cleantech. The company's focus is on the field of the water treatment and water filtration. The major markets are up to now Southeast Asia and Middle East. Recently SafBon Water Service Co., Ltd has completely acquired, as its subsidiary, amongst others the Austrian company KWI Corporate Verwaltungs GmbH which also operates in the water market.

ItN Nanovation AG

The Management Board

Contact data:

Untertürkheimer Str. 25 66117 Saarbrücken Tel.: +49 (0) 681/5001-460 Fax: +49 (0) 681/5001-499 Email: ir@itn-nanovation.com www.itn-nanovation.com

IR-Kontakt:

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

02.08.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: ItN Nanovation AG Untertürkheimer Straße 25 66117 Saarbrücken Germany Phone: +49 (0) 681 / 50 01 - 460 Fax: +49 (0) 681 / 50 01 - 499 E-mail: ir@itn-nanovation.com Internet: www.itn-nanovation.com ISIN: DE000A0JL461 WKN: A0JL46 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------