Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 60,000 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The shares were bought at prices ranging from 22.8 pence, with the intention to cancel all purchased shares. Following this, the company will have 212,780,950 Ordinary Shares in issue, including 13,762,222 Ordinary Shares held in treasury, resulting in a total of 199,018,728 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. The transaction time, number of shares purchased, transaction price per share, and trading venue have been outlined in accordance with regulations.
Nanoco Group plc can be reached for further information through the provided contact details. The company specializes in the production of patented cadmium-free quantum dots and other 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 production for commercial orders. Nanomaterials, with dimensions typically in the range of 1 - 100 nm, have a range of useful properties, including optical and electronic. Quantum dots, a subclass of nanomaterial, 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.