Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 250,123 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The shares were bought at prices ranging from 15.6673 pence, with the intention to cancel all purchased shares. Following this, the company will have 202,872,037 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, 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 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, and can be tuned to emit light at different wavelengths across the visible and infrared spectrum, making them useful for a wide range of display applications. Additionally, the company'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.