Nanoco Group PLC Director Share Purchase (7402M)
October 17 2016 - 10:15AM
UK Regulatory
TIDMNANO
RNS Number : 7402M
Nanoco Group PLC
17 October 2016
For immediate release 17 October 2016
NANOCO GROUP PLC
("Nanoco" or the "Company" or "Group")
Director Share Purchase
Nanoco Group plc (LSE: NANO), a world leader in the development
and manufacture of cadmium-free quantum dots and other
nanomaterials, received notification today that Dr Christopher
Richards, Non-Executive Chairman, purchased 19,833 ordinary shares
of GBP0.10 each ("Ordinary Shares") in the Company on 17 October
2016 at a price of 50.42p per Ordinary Share.
Following this transaction, Christopher has a beneficial
interest in 118,830 Ordinary Shares (of which 73,120 are held by
his wife, Ann Carolyn Richards), representing approximately 0.05
per cent. of the total voting rights in the Company.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------
a) Name Christopher Richards
--- ------------------------------- ------------------------
2 Reason for the notification
--- ---------------------------------------------------------
a) Position/status Non-Executive Chairman
--- ------------------------------- ------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- ------------------------
3 Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
--- ---------------------------------------------------------
a) Name Nanoco Group plc
--- ------------------------------- ------------------------
b) LEI England & Wales Company
Number: 05067291
--- ------------------------------- ------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ---------------------------------------------------------
a) Description of Ordinary Shares
the financial instrument,
type of instrument
--- ------------------------------- ------------------------
Identification NANO
code
ISIN GB00B01JLR99
--- ------------------------------- ------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ------------------------------- ------------------------
c) Price(s) and volume(s) Price(s) 50.42p
Volume(s) 19,833
--- ------------------------------- ------------------------
d) Aggregated information Price(s) 50.42p
Volume(s) 19,833
--- ------------------------------- ------------------------
e) Date of transaction 17 October 2016
--- ------------------------------- ------------------------
f) Place of transaction London Stock Exchange
--- ------------------------------- ------------------------
For further information, please contact:
Nanoco
Michael Edelman, Chief Tel: +44 (0) 161
Executive Officer 603 7900
David Blain, Chief Financial
Officer
Caroline Watson, Investor Tel: + 44 (0) 7799
Relations Manager 897357
cwatson@nanocotechnologies.com
Peel Hunt
Adrian Trimmings / George Tel: +44 (0) 20 7418
Sellar / Alex Lomax 8900
Buchanan
Mark Court / Sophie Cowles Tel: +44 (0) 20 7466
/ Stephanie Watson 5000
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 non-exclusive
manufacturing and marketing licensing agreements with The Dow
Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial
Corporation. 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 Greater China.
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
END
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