Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 192,441 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 207,686,078 ordinary shares in issue, including 13,762,222 held in treasury. Consequently, the total number of voting rights will be 193,923,856. This figure may be used by shareholders to determine if they are required to notify any changes in their interest 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. The lowest and highest price paid per ordinary share was 18.9302 pence, with a volume-weighted average price paid per ordinary share also at 18.9302 pence. The company's financial adviser and joint corporate broker, Cavendish Capital Markets Limited, and joint corporate broker, Turner Pope Investments, have been listed for further information.
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 patent-protected IP portfolio and scale production for commercial orders. Nanoco's quantum dots are free of cadmium and other toxic heavy metals, offering a wide range of display applications. Additionally, the company's HEATWAVE™ quantum dots are useful for applications including cameras and image sensors.