Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 497,162 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The shares were bought at a price ranging from 19.913 pence, with the intention to cancel all purchased shares. Following this, the company will have 210,627,842 Ordinary Shares in issue, including 13,762,222 Ordinary Shares held in treasury, resulting in a total of 196,865,620 voting rights.
The company has provided detailed information on the individual trades made by Cavendish Securities plc on behalf of the Company as part of the Buyback Programme. Nanoco'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, have also been listed for contact.
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 patent-protected IP portfolio alongside scaling production for commercial orders. Nanoco's quantum dots are free of cadmium and other toxic heavy metals, with applications in various markets such as sensors, electronics, and displays. Their HEATWAVE™ quantum dots can be tuned for applications including cameras and image sensors.