Change of significant shareholder ownership

RNS Number : 7990Q
Nanoco Group PLC
17 October 2013
 

For immediate release

17 October 2013

 

NANOCO GROUP PLC

("Nanoco" or the "Company")

 

Change of significant shareholder ownership

 

The Company was notified today that ORA Capital Partners Limited ("ORA"), which is controlled by Richard Griffiths, distributed its 15.5% interest in the issued share capital of Nanoco (as previously held through its wholly owned subsidiary ORA (Guernsey) Limited) and that this was completed on 17 October 2013. This comprises part of the distribution in specie by ORA of its entire quoted portfolio company equity holdings, following shareholder approval at the ORA General Meeting on 14 October 2013.

 

Consequent to the above distribution by ORA, Nanoco has today also been notified of the following changes in interests in the issued share capital of the Company:

 


Shares received as part of distribution in specie by ORA

Resultant interest in shares of the Company

Resultant % of issued share capital of the Company

Richard Griffiths

26,552,218

27,694,908

13.18%*

 

*Included within Richard Griffiths' 13.18% interest in the Company is a 12.06% holding by Blake Holdings Limited, which is controlled by him. Also included within his holdings is a CFD interest in 1,142,690 shares.

 

For further information:

 

Nanoco

+ 44 (0) 161 603 7900

Michael Edelman, Chief Executive Officer


Colin White, Chief Financial Officer




Canaccord Genuity - Nomad and Joint Broker

+44 (0) 20 7523 8000

Simon Bridges


Cameron Duncan




Liberum Capital - Joint Broker

+44 (0) 20 3100 2000

Simon Atkinson


Richard Bootle




Buchanan

+ 44 (0) 20 7466 5000

Mark Court / Fiona Henson / Sophie Cowles


 

 

Notes for editors:

 

About Nanoco Group plc

 

Nanoco is a world leader in the development and production of cadmium-free quantum dots for use in multiple applications including LCD displays, lighting and solar cells. In the display market, it has an exclusive manufacturing and marketing licensing agreement with The Dow Chemical Company.

 

Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and business development offices in the USA, Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.

 

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.nanocogroup.com.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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