Directorate Change

RNS Number : 0920B

Nanoco Group PLC

02 January 2015

 

For immediate release

2 January 2015

NANOCO GROUP PLC

("Nanoco" or the "Company") 

Directorate Change

Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces that, further to the announcement on 3 October 2014, Colin White has for health reasons decided to resign as a Director and to leave the Company with effect from 31 December 2014.

Mark Sullivan will continue in the role of Interim Chief Financial Officer. The recruitment process for the appointment of a new Chief Financial Officer will begin shortly.

Michael Edelman, Nanoco's Chief Executive Officer, said: "I would like to thank Colin for his four and a half years as Chief Financial Officer at Nanoco. On behalf of the Board, I would like to extend our very best wishes to him for the future."

For further information, please contact:

Nanoco	Tel: [phone]
Michael Edelman, Chief Executive Officer
Mark Sullivan, Interim Chief Financial Officer
Canaccord Genuity - Nomad and Joint Broker	Tel: [phone]
Simon Bridges
Cameron Duncan
Liberum - Joint Broker	Tel: [phone]
Simon Atkinson
Richard Bootle
Buchanan	Tel: [phone]
Mark Court / Sophie Cowles / Stephanie Watson

Notes for editors:

About Nanoco Group plc

Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. 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 a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in 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.

 

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