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ItN Nanovation AG (ISIN DE000A0JL461) has successfully completed its capital increase against cash contribution.
ItN Nanovation AG (ISIN DE000A0JL461) announces that the General Meeting of the company today has approved a capital increase against cash contributions from EUR 11,832,766.00 by up to EUR 1,687,441.00 to up to EUR 13,520,207.00 in Saarbruecken. A total of up to 1,687,441 new bearer shares with a notional value of EUR 1.00 per share will be issued.
ItN Nanovation AG (ISIN DE000A0JL461) releases a forecast for the financial year 2013 due to a positive business development in the past week, according to which revenues will range between EUR 5.5 million and EUR 7 Million.
- Total volume exceeds4.5 Mio. Euro
- Implementation of the projects planned within 2013
- Replacement of conventional polymer filters in drinking water projects of Buraydah City
- Signal for further project successes in Saudi Arabia
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.
ItN Nanovation AG (ISIN DE000A0JL461) has obtained further loan finance in the amount of EUR 2.0 million from one of its major shareholders which has been secured by appropriate assets.