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CMS Hasche Sigle advises Landesbank Baden-Württemberg on IPO of Nanogate AG

18/10/2006

The IPO of Nanogate AG, Saarbrücken, in the entry standard of the open market of the Frankfurt Stock Exchange is now complete. The shares are now available for public trading in Germany; there were private placings in countries in countries of the European Union and Switzerland.
The banking consortium headed by the Landesbank Baden-Württemberg was advised on the IPO of Nanogate AG in the entry standard by a team of lawyers from the Frankfurt office of CMS Hasche Sigle, headed by Dr Andreas Zanner.
Another team from the Frankfurt office, headed by Katja Pohl, provided advice on the corporate law aspects of the transaction.

The IPO met with great interest from private and institutional investors. The issue volume is around EUR 19.3 million (market capitalisation approx. EUR 60.8 million). 603,000 shares were placed, of which 400,000 were created by a capital increase. Nanogate AG raised around EUR 43 million through the IPO. The Landesbank Baden-Württemberg (lead manager and sole bookrunner) and the Frankfurt investment bank equinet Securities AG (co-lead manager) handled the transaction.

Nanogate is a leading international chemical nanotechnology company which develops, produces and distributes systems solutions for equipping products with functional properties based on nanostructured materials. During the first half of 2006 the Nanogate group generated turnover of around EUR 3.7 million with a pre-interest and tax profit of around EUR 0.7 million (EBIT margin 19.1 per cent). The Nanogate group also includes Nanogate Advanced Materials GmbH which has specialised on safety technology and optics and which is operated with the US company Air Products. Nanogate also has a stake in HOLMENKOL Sport-Technologies GmbH & Co. KG.

Advisers to the consortium banks headed by Landesbank Baden-Württemberg and Nanogate AG

CMS Hasche Sigle (Frankfurt)
Dr Andreas Zanner (capital markets, lead partner)
Katja Pohl (corporate; lead partner),
Philipp Melzer (capital markets)
Dr Martin Kniehase (capital markets)
Dr Rupert Doehner (corporate)

Contact CMS Hasche Sigle:

Dr Andreas Zanner
Tel.: +49 (0) 69 / 71 701-139
E-mail: [email protected]

Katja Pohl
Tel.: +49 (0) 69 / 71 701-345
E-mail: [email protected]

About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 450 lawyers. It covers the entire area of commercial law and provides legal advice to major German and international companies from a wide spectrum of industry. CMS Hasche Sigle operates at all the major business centres. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow, Prague and Shanghai.

CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of partners see www.cms-hs.com

CMS Hasche Sigle is a member of CMS, an alliance of leading European law firms. With over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we advise our clients at commercial locations in 47 business centres in Europe and further afield on legal and tax issues.

Local strength, legal and tax advice tailored to the requirements of the market combined with a substantial amount of business and organisational integration form the basis for high-quality international legal advice.

In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS Reich-Rohrwig Hainz (Austria). CMS has 57 offices in 23 countries in Western and Central Europe, North and South America, Asia and North Africa.

For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see http:// www.cmslegal.com .