AGM Statement

RNS Number : 7110X

Nanoco Group PLC

10 December 2010

 



For immediate release

10 December 2010

NANOCO GROUP PLC

("Nanoco" or "the Company")

AGM Statement

Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of quantum dots, solar inks and other nanomaterials, will this morning hold its Annual General Meeting at the Company's head office in Manchester.

Nanoco's Chairman, Peter Rowley, will make the following statement:

"We have made excellent progress during the year in preparing the company for the supply of commercial quantities of quantum dots. The first semi-tech production lines at our new facility in Runcorn are in the process of being commissioned and we remain confident that the facility will be manufacturing significant quantities of quantum dots during the coming months.

"We have also made excellent progress in our commercial relationships and in pursuing new contracts. In June, we were very pleased to announce our first contract in solar energy, building on our existing relationships in solid-state lighting.

"The current financial year has started well and we are confident of achieving further progress across our business during the year ahead."

For further information please contact:

Nanoco	Tel: [phone]
Michael Edelman, Chief Executive Officer
Colin White, Chief Financial Officer
Bank of America Merrill Lynch - Corporate Broker	Tel: + 44 (0) 20 7996 2490
Will Smith
Zeus Capital - Nominated Adviser	Tel: [phone]
Alex Clarkson
Nick Cowles
Buchanan Communications	Tel: [phone]
Mark Court / Christian Goodbody

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.

 

END

 

 

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