Share Price Movement

RNS Number : 0437D
Nanoco Group PLC
01 July 2016
 

For immediate release

1 July 2016

 

 

 

 

NANOCO GROUP PLC

("Nanoco" or the "Company") 

 

Statement re Share Price Movement

 

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, notes the recent significant rise in the Company's share price.

The Company cannot be certain of the reason for this share price rise, however, in line with its strategy which was announced on 31 March 2016 for the commercialisation of its technology in the display sector, Nanoco confirms it remains in active negotiations with a number of parties which may or may not lead to the signing of one or more commercial agreements.

Further announcements will be made if and when appropriate.

 

 

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

cwatson@nanocotechnologies.com

 

Tel: + 44 (0) 7799 897357



Canaccord Genuity - Joint Broker

Tel: +44 (0) 20 7523 8000

Simon Bridges

Cameron Duncan


Mark Whitmore




Liberum - Joint Broker

Tel: +44 (0) 20 3100 2000

Neil Patel


Richard Bootle

Steven Tredget




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 a non-exclusive manufacturing and marketing licensing agreement with The Dow Chemical Company. 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 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.

 


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