Appointment of NED

RNS Number : 3836J

Nanoco Group PLC

30 March 2010

 



For immediate release

30 March 2010

NANOCO GROUP PLC

("Nanoco" or "the Company")

Appointment of Non-Executive Director

Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of commercial 
quantities of quantum dots, is pleased to announce the appointment of Anthony Clinch, through his consultancy business St. Gabrielle LLP, as a Non-Executive Director of the Company.

Anthony Gorman Clinch, age 62 years, a highly experienced industrialist and financier, spent his early career with Rolls Royce before moving into corporate banking and private equity. He is currently a senior adviser to CVC Capital Partners, a private equity house which he has served in various roles since 1987. He is also a non-executive director of Taminco, a leading international manufacturer of alkylamines and derivatives.

Mr Clinch has been actively involved in a number of CVC's industrial investments, including the buyout and subsequent IPO of Victrex plc where he served on the board for a number of years.

Mr Clinch is a chartered engineer who holds a BSc in Aeronautical Engineering and an MSc in Management Science and Operational Research, both of which are from Imperial College, London. He is currently a member of the Advisory Board of Imperial College's Chemistry Faculty.

Mr Clinch currently has an interest in 12,526 ordinary shares of 10 pence each in the Company representing approximately 0.01 per cent of the Company's issued share capital.

Peter Rowley, Nanoco's Chairman, commented: "I am delighted to welcome Tony to Nanoco's Board as an independent Non-Executive Director. His breadth of experience of international industrial businesses will be of great value in the future development of Nanoco."

Anthony Clinch holds or has held directorships or partnerships in the five years preceding his appointment at Nanoco, either personally or as the representative of a corporate director, as follows:

Current	Previous
Creative Light Production Ltd St. Gabrielle LLP Second Spring Ltd Taminco Group Holdings Sarl ULAS Flying Club Ltd	CVC Capital Partners Ltd Drakkar Holdings SA Drakkar GP Ltd Jupitervale Ltd Rafferty2 Ltd Starnhurst plc Victrex Manufacturing Ltd

There are no other matters to be disclosed in relation to Schedule 2 paragraph (g) and (i) of the AIM Rules.

For further information please contact:

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

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.

About quantum dots

Quantum dots are fluorescent nano-sized particles of semiconductor material which have the ability to emit light in a specific colour dependent on the size of the particle. 

 

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