Nanoco Group PLC AGM Statement (6646B)
January 12 2018 - 2:00AM
UK Regulatory
TIDMNANO
RNS Number : 6646B
Nanoco Group PLC
12 January 2018
12 Jan 2018
NANOCO GROUP PLC
("Nanoco" or "the Company")
AGM Statement
Nanoco Group plc (LSE: NANO), a world leader in the development
and manufacture of cadmium-free quantum dots and other
nanomaterials, will hold its Annual General Meeting ("AGM") later
this morning at its headquarters in Manchester.
Dr Chris Richards, Nanoco's Chairman, will make the following
statement:
"Since we updated the market in mid-November with our
preliminary results we have continued to make good progress in the
commercialisation of our CFQD(R) nanoparticle technology. This was
underlined by a successful CES in Las Vegas this week, which was
attended by industry players, customers and the financial community
and generated several leads for both TVs and monitor products.
"We demonstrated a number of TVs and monitors equipped with
Nanoco product at CES and we also launched the next generation of
NANOCO CFQD(R) FINE COLOR FILM(TM). This new film delivers
outstanding levels of brightness and colour performance, as the
industry progresses on the roadmap to DCI-P3 and BT.2020 standards
and away from cadmium-based solutions."
"We are encouraged by the increasing number of Nanoco equipped
display products moving through to commercial production with
customers in Asia.
"With the benefit of a strengthened balance sheet, the progress
being made with our go-to-market strategy in Display and the
emerging opportunities in other markets, we look forward to the
year ahead with confidence."
For further information, please contact:
MHP Communications Tel: +44 (0) 20 3128
8788
Reg Hoare / Andrew Leach
/ Giles Robinson / Pete
Lambie
nanoco@mhpc.com
Notes for editors:
About Nanoco Group plc
Nanoco (LSE: NANO) harnesses the power of nanotechnology to
create a brighter, more sustainable future. Based on breakthrough
science, Nanoco's proprietary manufacturing process enables the
large-scale production of its cadmium-free CFQD(R) quantum dots for
multiple applications including LCD display, lighting, healthcare
and solar.
Nanoco has non-exclusive manufacturing and marketing licensing
agreements in display with The Dow Chemical Company, Merck KGaA of
Germany, and Wah Hong Industrial Corporation of Taiwan.
Nanoco was founded in 2001 and is headquartered in Manchester,
UK, with a US subsidiary, Nanoco Inc., in Concord, MA. Nanoco
continues to build out a world-class, patent-protected IP portfolio
generated both by its own innovation engine, as well as through
acquisition.
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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