18 April 2024
NANOCO
GROUP PLC
("Nanoco", the
"Group" or the "Company")
Exercise
of Deferred Bonus Options
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY
Nanoco Group plc ("Nanoco")
announces that on 17 April 2024 Nanoco
received notice that Brian Tenner, CEO, Nigel Pickett, CTO, Liam
Gray, CFO, and a number of other employees have exercised in full
options granted to them on 9 November 2021. These options are in
respect of bonuses earned in previous years which were deferred,
and became exercisable upon the publication of the financial
statements for the year ended 31 July 2023.
In order to comply with the rules of
the scheme, a number of the shares will be sold to meet tax and fee
obligations. To meet the exercise of these options, the EBT
purchased ordinary shares of 10p each in Nanoco on the open market
of the London Stock Exchange.
The details of the awards and
subsequent exercise and retention of shares are as
follows:
Name of Director / PDMR
|
Number of options
exercised
|
Number of shares sold to meet tax
and fee obligations
|
Shares retained following
exercise
|
Total shareholding
|
Brian Tenner (CEO -
Director)
|
452,555
|
(213,130)
|
239,425
|
1,482,583
|
Dr Nigel Pickett (CTO -
Director)
|
399,929
|
(188,346)
|
211,583
|
7,450,694
|
Liam Gray (CFO -
Director)
|
35,157
|
(16,558)
|
18,559
|
142,001
|
Other employees
|
40,939
|
(15,948)
|
24,991
|
N/A
|
This notification is made pursuant
to the Disclosure and Transparency Rules.
For further information please
contact:
Liam Gray
Chief Financial Officer and Company
Secretary
Telephone : +44 (0) 1928 761422
Notes for editors:
About Nanoco Group plc
Nanoco (LSE: NANO) harnesses the
power of nano-materials. Nano-materials are materials with
dimensions typically in the range 1 - 100 nm. Nano-materials have a
range of useful properties, including optical and electronic.
Quantum dots are a subclass of nano-material that have
size-dependent optical and electronic properties. The Group
produces quantum dots and other nano-materials. Within the sphere
of quantum dots, the Group exploits different characteristics of
the quantum dots to target different performance criteria that are
attractive to specific markets or end-user applications such as the
Display, Sensor and Electronics markets. An interesting property of
quantum dots is their absorption spectrum. Nanoco's HEATWAVE™
quantum dots can be tuned to absorb light at different wavelengths
across the near-infrared spectrum, rendering them useful for
applications including image sensors. Another interesting property
of quantum dots is photoluminescence: the emission of longer
wavelength light upon excitation by light of a shorter wavelength.
The colour of light emitted depends on the particle size. Nanoco's
CFQD® quantum dots are free of cadmium and other toxic heavy
metals, and can be tuned to emit light at different wavelengths
across the visible and infrared spectrum, rendering them useful for
a wide range of applications including displays, lighting and
biological imaging.
Nanoco was founded in 2001 and is
headquartered in Runcorn, 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.nanocotechnologies.com.
Notification of Dealing
Form
1.
|
Details of the Person Discharging
Managerial Responsibilities ("PDMR") / person closely associated
with them ("PCA")
|
a)
|
Name
|
BRIAN TENNER
|
2.
|
Reason for the
notification
|
a)
|
Position /status
|
CHIEF EXECUTIVE OFFICER
|
b)
|
Initial notification /
amendment
|
INITIAL NOTIFICATION
|
3.
|
Details of the Issuer
|
a)
|
Name
|
NANOCO GROUP PLC
|
b)
|
LEI code
|
213800HOSJEZO1KOCV33
|
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)
|
Type of instrument
Identification code
|
ORDINARY SHARES OF 1O PENCE
EACH
|
ISIN: GB00B01JLR99
|
b)
|
Nature of the transaction
|
EXERCISE OF AN OPTION OVER ORDINARY
SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN AND SALE OF
SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL INSURANCE
CHARGES. BALANCE RETAINED.
|
c)
|
Price(s) and volume(s)
Acquisition of shares on
exercise of option
Sale of shares to pay tax and
costs
|
Price(s)
|
Volume(s)
|
Nil cost
21.5p
|
452,555
213,130
|
|
d)
|
Aggregated information:
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
18 APRIL 2024
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE
|
Notification of Dealing
Form
1.
|
Details of the Person Discharging
Managerial Responsibilities ("PDMR") / person closely associated
with them ("PCA")
|
a)
|
Name
|
DR NIGEL PICKETT
|
2.
|
Reason for the
notification
|
a)
|
Position /status
|
CHIEF TECHNICAL OFFICER
|
b)
|
Initial notification /
amendment
|
INITIAL NOTIFICATION
|
3.
|
Details of the Issuer
|
a)
|
Name
|
NANOCO GROUP PLC
|
b)
|
LEI code
|
213800HOSJEZO1KOCV33
|
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)
|
Type of instrument
Identification code
|
ORDINARY SHARES OF 1O PENCE
EACH
|
ISIN: GB00B01JLR99
|
b)
|
Nature of the transaction
|
EXERCISE OF AN OPTION OVER ORDINARY
SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN AND SALE OF
SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL INSURANCE
CHARGES. BALANCE RETAINED.
|
c)
|
Price(s) and volume(s)
Acquisition of shares on
exercise of option
Sale of shares to pay tax and
costs
|
Price
Volume
Nil
cost
399,929
21.5p
188,346
|
d)
|
Aggregated information:
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
18 APRIL 2024
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE
|
Notification of Dealing
Form
1.
|
Details of the Person Discharging
Managerial Responsibilities ("PDMR") / person closely associated
with them ("PCA")
|
a)
|
Name
|
LIAM GRAY
|
2.
|
Reason for the
notification
|
a)
|
Position /status
|
CHIEF TECHNICAL OFFICER
|
b)
|
Initial notification /
amendment
|
INITIAL NOTIFICATION
|
3.
|
Details of the Issuer
|
a)
|
Name
|
NANOCO GROUP PLC
|
b)
|
LEI code
|
213800HOSJEZO1KOCV33
|
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)
|
Type of instrument
Identification code
|
ORDINARY SHARES OF 1O PENCE
EACH
|
ISIN: GB00B01JLR99
|
b)
|
Nature of the transaction
|
EXERCISE OF AN OPTION OVER ORDINARY
SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN AND SALE OF
SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL INSURANCE
CHARGES. BALANCE RETAINED.
|
c)
|
Price(s) and volume(s)
Acquisition of shares on
exercise of option
Sale of shares to pay tax and
costs
|
Price
Volume
Nil
cost
35,157
21.5p
16,558
|
d)
|
Aggregated information:
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
18 APRIL 2024
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE
|
= END
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