Nanoco Group PLC has disclosed the purchase of 262,599 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The shares were bought at prices ranging from 18.85 pence, with the intention to cancel all the purchased ordinary shares. Following this, the company will have 207,165,032 Ordinary Shares in issue, including 13,762,222 Ordinary Shares held in treasury, resulting in a total of 193,402,810 voting rights. This figure may be used by shareholders for disclosure purposes under the FCA's Disclosure Guidance and Transparency Rules.
The company provided detailed information on the individual trades made by Cavendish Securities plc on behalf of the Company as part of the Buyback Programme. Nanoco Group plc's CEO, Brian Tenner, and CFO & Company Secretary, Liam Gray, can be contacted for further information. The company's financial adviser and joint corporate broker, Cavendish Capital Markets Limited, and joint corporate broker, Turner Pope Investments, were also listed for contact. Powerscourt is the company's public relations contact.
Nanoco Group plc, a nanomaterial production and licensing company, specializes 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. The company's nanomaterials have a range of useful properties, including optical and electronic, and its CFQD® quantum dots are free of cadmium and other toxic heavy metals, making 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.