Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 324,934 of its ordinary shares on the London Stock Exchange as part of its share buyback program. The company bought these shares at a price ranging from 14.2831 pence, with the intention to cancel all the purchased ordinary shares. Following this cancellation, the company will have 200,703,029 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 is provided in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014. The company's financial adviser and corporate broker, Cavendish Capital Markets Limited, can be contacted for further information.
Nanoco Group plc, founded in 2001 and headquartered in Runcorn, UK, specializes in the production of its patented cadmium-free quantum dots (CFQD®) and other patented nanomaterials for use in the electronics industries. The company continues to build out a world-class, patent-protected IP portfolio alongside the scaling of the production for commercial orders. 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.