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Abstract:
New alignment decided in the real estate sector
•Capital in the form of 49% of the company’s shares to Renaissance Real Estate Frankfurt GmbH
•Equity is increased to 9.36 million euros
•Depreciation in the old portfolio
•Extension of Neef’s Board appointment

Nanostart AG: Capital increase and realignment

Frankfurt am Main, Germany | Posted on December 31st, 2015

The Board of Directors and the Supervisory Board of the company has decided to focus Nanostart AG on future investments in the German real estate market.

In the first step, it will use the existing capital as per § 4 Para. 4 of the statutes for a capital increase excluding the old shareholders’ subscription rights. In the context of this capital increase, 3,120,000 new holder name shares will be issued at an issue price of 1.43 euros per share including all associated rights against a capital investment of 49% of the shares to Renaissance Real Estate Frankfurt GmbH with its headquarters in Frankfurt am Main in equal parts through Apeiron Investment Group Ltd, with its headquarters in St Julians, Malta, and Minai-Azari & Dr Lipinski Asset Management Holding GmbH with its headquarters in Frankfurt am Main. Thus the corporate equity will increase from 6,240,000.00 euros by 3,120,000.00 euros to 9,360,000.00 euros.

Renaissance Real Estate Frankfurt GmbH has a promising portfolio with the best positions in the residential areas of the cities of Frankfurt am Main, Offenbach and Mainz. The entry of the capital increase is still with reservation for a confirmation of the value of the capital investment by an audit of recoverability by the Frankfurt am Main District Court, with its decision on 17 December 2015 to appoint an auditor, AIOS GmbH Auditing and Tax Advising Company, Berlin, which is forecast to be done at the start of the new year.

In order to bolster the new strategy, the company will issue invitations soon to an Extraordinary Shareholder’s Meeting in which, among other things, a new name will be decided for the company.

The Supervisory Board has also decided to accept the Board of Director’s extension of the contract for Mr Norbert Neef, who was brought in as interim manager of the company, to 30 June 2016. By then, the company will have paved the way to completing its refocusing efforts and will have made according appointments to the Board of Directors and Supervisory Board.

There are expected further significant needs for impairment in the old portfolio of about 2.5 million euros to the end of 2015. Thus the balance sheet will be free for a new beginning of the company without old liabilities.

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About Nanostart AG
Nanostart AG is an investment company and had the focus on nanotechnology until the end of 2015. The company will move successively towards the real estate market.

Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of offers to purchase or subscribe to securities. There will be no public offering of securities of Nanostart AG in conjunction with the existing listing of its shares in the “Entry Standard” segment of the regulated unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This notice does not constitute a securities prospectus. Neither this notice nor the information contained within is intended for direct or indirect distribution within Canada, Australia, or Japan.

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Contacts:
Nanostart AG
phone.: +49 69 219396 0
fax.: +49 69 219396 150

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