Share Price Movement

RNS Number : 0437D

Nanoco Group PLC

01 July 2016

 

For immediate release

1 July 2016

NANOCO GROUP PLC

("Nanoco" or the "Company") 

Statement re Share Price Movement

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, notes the recent significant rise in the Company's share price.

The Company cannot be certain of the reason for this share price rise, however, in line with its strategy which was announced on 31 March 2016 for the commercialisation of its technology in the display sector, Nanoco confirms it remains in active negotiations with a number of parties which may or may not lead to the signing of one or more commercial agreements.

Further announcements will be made if and when appropriate.

For further information, please contact:

Nanoco	Tel: [phone]
Michael Edelman, Chief Executive Officer
David Blain, Chief Financial Officer Caroline Watson, Investor Relations Manager [e-mail]	Tel: + 44 (0) 7799 897357
Canaccord Genuity - Joint Broker	Tel: [phone]
Simon Bridges Cameron Duncan
Mark Whitmore
Liberum - Joint Broker	Tel: [phone]
Neil Patel
Richard Bootle Steven Tredget
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, Nanoco has a non-exclusive manufacturing and marketing licensing agreement with The Dow Chemical Company. Nanoco also has a strategy of direct sales in display and in its other target markets, including lighting.

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 is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.

 

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