Holding(s) in Company

RNS Number : 6446E

Nanoco Group PLC

23 December 2009

 



For immediate release

23 December 2009

NANOCO GROUP PLC

("Nanoco" or "the Company")

Shareholding Notification

Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of commercial quantities of quantum dots, received notification on 22 December 2009 from Universities Superannuation Scheme Ltd ("USS") that on 21 December 2009 USS acquired 9,401,000 ordinary shares of 10p each in the Company.

USS's resultant shareholding, and percentage of voting rights, is equivalent to 5.1% of the Company's ordinary  issued share capital, compared with 0% prior to this notification.

The TR-1 Form relating to this announcement is given below.

For further information please contact:

Nanoco	Tel: [phone]
Michael Edelman, Chief Executive Officer
Michael Bretherton, Chief Financial Officer
Zeus Capital	Tel: [phone]
Alex Clarkson
Nick Cowles
Buchanan Communications	Tel: [phone]
Mark Court / Jennie Spivey / Miranda Higham

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.

About quantum dots

Quantum dots are fluorescent nano-sized particles of semiconductor material which have the ability to emit light in a specific colour dependent on the size of the particle. 

TR-1: Notification of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	Nanoco Group plc
2. Reason for the notification
An acquisition or disposal of voting rights Acquisition		X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Universities Superannuation Scheme Ltd
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	21/12/2009
6. Date on which issuer notified:	22/12/2009
7. Threshold(s) that is/are crossed or reached:	5%
8. Notified details:

A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
Ord 10p Shares ISIN GB00B1NPJJ01	0	0	9,401,100	9,401,100		5.1%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)
Number of voting rights	% of voting rights
9,401,100	5.1%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Proxy Voting:
10. Name of the proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:
14. Contact name:	Philip Brayne
15. Contact telephone number:	0151 227 4711

 

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