For
immediate release
Nanoco
Group PLC
("Nanoco", the "Group", or the "Company")
Transaction in Own
Shares
and
Total Voting
Rights
Nanoco Group plc (LSE: NANO), a
world leader in the development and manufacture of cadmium-free
quantum dots and other specific nanomaterials emanating from its
technology platform, announces that on
2nd May 2024,
it purchased the following number of its ordinary
shares of 10.0 pence each on the London Stock Exchange in
accordance with the terms of the share buyback programme announced
on 11th April 2024
(the "Buyback Programme").
|
Date of purchase:
|
02/05/2024
|
|
Number of Ordinary Shares
purchased:
|
192,441
|
|
Lowest price paid per Ordinary Share
(pence):
|
18.9302
|
|
Highest price paid per Ordinary
Share (pence):
|
18.9302
|
|
Volume weighted average price paid
per Ordinary share (pence):
|
18.9302
|
Nanoco intends to cancel all of the
purchased ordinary shares.
Following the cancellation of the
ordinary shares purchased above, the Company will have 207,686,078
Ordinary Shares in issue including 13,762,222 Ordinary Shares held
in treasury. Therefore, the total number of voting rights in the
Company will be 193,923,856 and this figure may be used by
Shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (as incorporated into UK domestic
law by the European Union (Withdrawal) Act 2018), the table below
contains detailed information of the individual trades made by
Cavendish Securities plc on behalf of the Company as part of the
Buyback Programme.
|
Transaction time
|
Number of shares purchased
|
Transaction price per share
(pence)
|
Trading venue
|
|
16:27:56
|
192,441
|
18.9302
|
XLON
|
|
|
|
|
|
For further information, please
contact:
|
Nanoco Group plc:
Brian Tenner, CEO
Liam Gray, CFO & Company
Secretary
|
+44 (0)1928 761 404
|
|
Cavendish Capital Markets Limited
(Financial Adviser & Joint Corporate Broker):
Ed Frisby / George Lawson (Corporate
Finance)
Tim Redfern / Charlie Combe
(Corporate Broking)
Jasper Berry (Sales)
|
+44 (0) 20 7220 0500
|
|
Turner Pope Investments (Joint
Corporate
Broker):
Andrew Thacker
James Pope
|
+44 (0) 20 3657 0050
|
|
Powerscourt (Public
Relations):
Elly Williamson
Ollie Simmonds
Nanoco@powerscourt-group.com
|
+44 (0)7970
246 725
|
About Nanoco Group plc
Nanoco (LSE: NANO) is a nanomaterial
production and licensing company, specialising in the production of
its patented cadmium free quantum dots (CFQD®) and other patented
nanomaterials for use in the electronics industries.
Founded in 2001 and headquartered in
Runcorn, UK, Nanoco continues to build out a world-class,
patent-protected IP portfolio alongside the scaling of the
production for commercial orders.
Nanomaterials are materials with
dimensions typically in the range 1 - 100 nm. Nanomaterials have a
range of useful properties, including optical and electronic.
Quantum dots are a subclass of nanomaterial that have
size-dependent optical and electronic properties. Within the sphere
of quantum dots, the Group exploits different characteristics of
the quantum dots to target different performance criteria that are
attractive to specific markets or end-user applications such as the
Sensor, Electronics and Display markets. Nanoco's CFQD® quantum
dots are free of cadmium and other toxic heavy metals, and can be
tuned to emit light at different wavelengths across the visible and
infrared spectrum, rendering them useful for a wide range of
display applications. Nanoco's HEATWAVE™ quantum dots can be tuned
to absorb light at different wavelengths across the near-infrared
spectrum, rendering them useful for applications including cameras
and image sensors.
Nanoco is listed on the Main Market
of the London Stock Exchange, holds the LSE's Green Economy Mark,
and trades under the ticker symbol NANO. For further information
please visit: www.nanocotechnologies.com