For immediate release |
14 December 2012 |
NANOCO GROUP PLC
("Nanoco" or the "Company")
AGM Statement
Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, will hold its Annual General Meeting later this morning at its head office in Manchester.
Peter Rowley, Nanoco's Chairman, will make the following statement:
"The current financial year has started well, and we are pleased with the momentum across our business.
"As we mentioned in our preliminary results, there has been an acceleration in our business development discussions, which reflects worldwide interest in our cadmium-free quantum dot technology. We look forward to announcing further commercial contracts in due course across our three key applications - LED backlighting of LCD displays, LED general lighting and solar power - and remain confident about the future prospects of the Company."
For further information, please contact:
Nanoco |
Tel: +44 (0) 161 603 7900 |
Michael Edelman, Chief Executive Officer |
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Colin White, Chief Financial Officer |
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Bank of America Merrill Lynch - Joint Broker |
Tel: +44 (0) 20 7995 7555 |
Matthew Blawat |
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Canaccord Genuity - Nomad and Joint Broker |
Tel: +44 (0) 20 7523 8000 |
Simon Bridges |
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Cameron Duncan |
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Buchanan |
Tel: +44 (0) 20 7466 5000 |
Mark Court / Fiona Henson / Sophie Cowles |
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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.nanocogroupplc.com.