Source - RNS
RNS Number : 5996M
Nanoco Group PLC
14 October 2016
 

For immediate release                                                                                           14 October 2016

 

NANOCO GROUP PLC

("Nanoco" or the "Company" or "Group") 

 

Director Share Purchase

 

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, received notification today that Dr Christopher Richards, Non-Executive Chairman, purchased 55,576 ordinary shares of £0.10 each ("Ordinary Shares") in the Company on 14 October 2016 at a price of 53.98p per Ordinary Share, in the name of his wife, Ann Carolyn Richards.

Following this transaction, Christopher has a beneficial interest in 98,997 Ordinary Shares (of which 73,120 are held by his wife, Ann Carolyn Richards), representing approximately 0.04 per cent. of the total voting rights in the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

 1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Christopher Richards

 

2

Reason for the notification

 

a)

Position/status   

 

Non-Executive Chairman

b)

Initial notification/Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Nanoco Group plc

b)

LEI

England & Wales Company Number: 05067291

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

 

Ordinary Shares


Identification code

NANO

 

ISIN GB00B01JLR99

 

b)

Nature of the transaction

Acquisition of Ordinary Shares

 

c)

Price(s) and volume(s)

 

Price(s)             53.98p

Volume(s)         55,576

 

d)

Aggregated information   

 

Price(s)             53.98p

Volume(s)         55,576

 

e)

Date of transaction

14 October 2016

 

f)

Place of transaction

London Stock Exchange

 

For further information, please contact:

 

Nanoco

Tel: +44 (0) 161 603 7900

Michael Edelman, Chief Executive Officer


David Blain, Chief Financial Officer


Caroline Watson, Investor Relations Manager

Tel: + 44 (0) 7799 897357

[email protected]




 

Peel Hunt

Tel: +44 (0) 20 7418 8900

Adrian Trimmings


George Sellar




 

Buchanan

Tel: +44 (0) 20 7466 5000

Mark Court / Sophie Cowles / Stephanie Watson


 

 

Notes for editors:

 

About Nanoco Group plc

Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, Nanoco has non-exclusive manufacturing and marketing licensing agreements with The Dow Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial Corporation. Nanoco also has a strategy of direct sales in display and in its other target markets, including lighting.

 

Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in Japan, Korea and Greater China. Its technology is protected worldwide by a large and growing patent estate.

 

Nanoco is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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