Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 143,570 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The company bought the shares at a price ranging from 15.4164 pence per share, with the intention to cancel all the purchased shares. Following the cancellation, the company will have 202,427,927 Ordinary Shares in issue, representing the total voting rights in the company.
The detailed information of the individual trades made by Cavendish Securities plc on behalf of the Company as part of the Buyback Programme has been provided. Nanoco's CEO, Brian Tenner, and CFO & Company Secretary, Liam Gray, can be contacted for further information. The company's financial adviser and corporate broker, Cavendish Capital Markets Limited, and public relations firm Sodali & Co are also available for inquiries.
Nanoco, founded in 2001 and headquartered in Runcorn, UK, specializes in the production of patented cadmium-free quantum dots and other 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 quantum dots are free of cadmium and other toxic heavy metals, offering a wide range of display applications. Additionally, the company's HEATWAVE™ quantum dots are useful for applications including cameras and image sensors.