Nanoco Group PLC has disclosed the purchase of 426,439 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 23.322 pence, with the intention to cancel all the purchased ordinary shares. Following this cancellation, the company will have 212,354,511 Ordinary Shares in issue, including 13,762,222 Ordinary Shares held in treasury, resulting in a total of 198,592,289 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 has been provided. Nanoco Group plc's contact information has also been shared for further inquiries.
Nanoco Group plc is a nanomaterial production and licensing company, specializing 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, and quantum dots are a subclass of nanomaterial that have size-dependent optical and electronic properties. 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.