Director/PDMR Shareholding

RNS Number : 7762H

Nanoco Group PLC

03 June 2011

 



                                                                                                                        3 June 2011

NANOCO GROUP plc

("Nanoco" or the "Company")

Director/PDMR Shareholding

In accordance with the terms of the Company's Long Term Incentive plan, the Board has granted the following options in respect of its ordinary shares to certain Directors of the Company and to Andrew Gooda (manufacturing manager). These options, which were granted following the recommendation of the Remuneration Committee and after consulting its advisers, are subject to stringent performance conditions.

	Amount paid for grant of option	Number of shares	Exercise price
Michael Edelman	Nil	189,274	79.25p
Nigel Pickett	Nil	138,801	79.25p
Colin White	Nil	138,801	79.25p
Andrew Gooda	Nil	117,539	79.25p

All other terms and conditions of these incentivisation arrangements are in conformity with the Company's existing Long Term Incentive Plan.

Following the options granted above, the Directors' and Andrew Gooda's interests in the total voting rights of the Company are as detailed below:

	Total number of share options held	Percentage of issued share capital	No. of Ordinary Shares	Percentage of issued share capital
Michael Edelman	1,983,024	1.0%	9,272,940	4.5%
Nigel Pickett	1,845,051	0.9%	10,451,931	5.1%
Colin White	588,801	0.3%	-	-
Andrew Gooda	417,539	0.2%	-	-

For further information please contact:

Nanoco	Tel: [phone]
Michael Edelman, Chief Executive Officer
Colin White, Chief Financial Officer
Bank of America Merrill Lynch - Corporate Broker	Tel: + 44 (0) 20 7996 2490
Will Smith
Zeus Capital	Tel: [phone]
Alex Clarkson
Nick Cowles
Buchanan Communications	Tel: [phone]
Mark Court / Christian Goodbody

Notes for editors:

About Nanoco Group plc

Nanoco is a world leader in the development and manufacture of commercial quantities of quantum dots for use in multiple applications including lighting, solar cells and biological imaging. Nanoco's quantum dots, which are free of heavy metals and comply with RoHS legislation, can be combined into a wide range of materials including liquids, polymers and glass. Nanoco forms strategic partnerships with major end users across a range of applications.

Nanoco was founded in 2001 and is based in Manchester, UK. Nanoco began trading on the AIM market of the London Stock Exchange in May 2009 under the ticker symbol NANO.

For further information, please visit www.nanocotechnologies.com.

 

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