Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has disclosed the purchase of 89,439 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 206,813,083 ordinary shares in issue, including 13,762,222 held in treasury. Consequently, the total number of voting rights will be 193,050,861. This figure may be used by shareholders to determine if they are required to notify any changes in their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
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 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 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. 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.