Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 496,427 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The company bought these shares at a price ranging from 19.9425 pence, with the intention to cancel all the purchased ordinary shares. Following this, the company will have 209,149,064 Ordinary Shares in issue, including 13,762,222 Ordinary Shares held in treasury, resulting in a total of 195,386,842 voting rights.
The detailed information of the individual trades made by Cavendish Securities plc on behalf of the Company as part of the Buyback Programme is provided in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014. The company's financial adviser and joint corporate broker, Cavendish Capital Markets Limited, and joint corporate broker, Turner Pope Investments, are available for further information.
Nanoco Group plc, founded in 2001 and headquartered in Runcorn, UK, specializes in the production of patented cadmium-free quantum dots and other patented nanomaterials for use in the electronics industries. The company continues to build a world-class, patent-protected IP portfolio alongside scaling production for commercial orders. Nanoco's CFQD® quantum dots are free of cadmium and other toxic heavy metals, making them useful for a wide range of display applications. Additionally, Nanoco's HEATWAVE™ quantum dots can be tuned for applications including cameras and image sensors.