Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 314,213 of its ordinary shares on the London Stock Exchange. The shares were bought as part of the share buyback program announced in April 2024. The company intends to cancel all the purchased ordinary shares, leaving 204,430,713 Ordinary Shares in issue, which 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. The lowest, highest, and volume-weighted average price paid per Ordinary Share is also disclosed. The company has provided contact information for further inquiries.
Nanoco Group plc specializes in the production of patented cadmium-free quantum dots and other patented 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 the production for commercial orders. Nanomaterials are materials with dimensions typically in the range 1 - 100 nm, and quantum dots are a subclass of nanomaterial that have size-dependent optical and electronic properties. Nanoco's CFQD® quantum dots are free of cadmium and other toxic heavy metals, making them useful for a wide range of display applications.