17 November 2015
NANOCO GROUP PLC
("Nanoco" or the
"Company")
Director/PDMR
Shareholding
Nanoco Group plc (LSE: NANO), a
world leader in the development and manufacture of cadmium-free
quantum dots and other nanomaterials, is issuing the following
notification in accordance with DTR 3.1.2.R.
The Company has been notified that
on 17 November 2015, Dr Michael Edelman, Chief Executive Officer of
Nanoco, sold 1,357,025 ordinary shares of £0.10 each in the Company
("Ordinary Shares") at an average price of 44.2 pence per share.
The reason for the share sale is to satisfy tax and other financial
commitments associated with Dr Edelman's relocation to the
USA.
In addition to the share sale, the
Company has been notified that on 17 November 2015, Dr Edelman also
transferred 200,000 Ordinary Shares (for nil consideration) as a
charitable donation.
Following the transaction, Dr
Edelman is interested in 5,431,615 Ordinary Shares, representing
2.29% per cent of the Company's issued share capital.
For further information, please
contact:
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Nanoco
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Tel: +44 (0) 161 603 7900
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Michael Edelman, Chief Executive
Officer
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David Blain, Chief Financial
Officer
Caroline Watson, Investor Relations
Manager
cwatson@nanocotechnologies.com
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Tel: + 44 (0) 7799 897357
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Canaccord Genuity - Joint
Broker
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Tel: +44 (0) 20 7523 8000
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Simon Bridges
Cameron Duncan
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Mark Whitmore
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Liberum - Joint Broker
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Tel: +44 (0) 20 3100 2000
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Neil Patel
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Richard Bootle
Steven Tredget
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Buchanan
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Tel: +44 (0) 20 7466 5000
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Mark Court / Sophie Cowles /
Stephanie Watson
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Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the
development and production of cadmium-free quantum dots and other
nano-materials for use in multiple applications including LCD
displays, lighting, solar cells and bio-imaging. In the display
market, it has an exclusive manufacturing and marketing licensing
agreement with The Dow Chemical Company.
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
Taiwan. 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.