Director/PDMR Shareholding

RNS Number : 4944S
Nanoco Group PLC
22 November 2011
 



For immediate release  

22 November 2011

 

 

NANOCO GROUP PLC

("Nanoco" or "the Company")

 

Director's Dealings and Issue of Equity

 

 

Nanoco Group plc(AIM: NANO) announces that, in order to cover a US tax liability, on 21 November 2011 Michael Edelman exercised 1,493,750 share options granted under the Company's share options scheme and sold them at a price of 50p per share.  Following the sale, Michael Edelman owns 9,272,940 ordinary shares, representing 4.47 per cent of the enlarged issued share capital.

 

The Company was notified of the transaction on 21 November 2011.  Accordingly, application has been made for 1,493,750 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") to be admitted to AIM. Following admission, the enlarged issued share capital of the Company will be 207,352,167 Ordinary Shares.

 

 

 

For further information please contact:

 

Nanoco

Tel: +44 (0) 161 603 7900

Michael Edelman, Chief Executive Officer


Colin White, Chief Financial Officer




Bank of America Merrill Lynch - Joint Broker

Tel: +44 (0) 20 7996 2490

Will Smith




Canaccord Genuity - Nomad and Joint Broker

Tel: +44 (0) 20 7050 6500

Simon Bridges


Cameron Duncan




Buchanan Communications

Tel: +44 (0) 20 7466 5000

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.


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