Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 170,407 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The company intends to cancel all the purchased shares, leaving 203,782,700 ordinary shares in issue. This figure represents 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 is provided.
Nanoco Group plc, 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. Nanomaterials, with dimensions typically in the range of 1 - 100 nm, possess various 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, 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.