Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 176,356 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 14.00 pence per share, with the intention to cancel all the purchased ordinary shares. Following the cancellation, the company will have 200,138,896 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 in accordance with the regulations. 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 corporate broker, Cavendish Capital Markets Limited, and public relations firm, Sodali & Co, have also been listed for additional inquiries.
Nanoco Group plc specializes in the production of patented cadmium-free quantum dots (CFQD®) and other patented nanomaterials for use in the electronics industries. The company, founded in 2001 and headquartered in Runcorn, UK, 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.