Nanoco shareholders - vote NO to delisting10 Jun 2026 08:37
Nanoco shareholders - vote NO to delisting
Nanoco has announced that Glass Lewis recommends voting FOR the delisting resolution. That does not change the reality for ordinary shareholders. The stock is now trading at approximately half the cash balance they have!
This is still your company. The board only owns around 1.36% of the shares, yet it is asking shareholders to remove Nanoco from the public market. The delisting and re-registration need at least 75% of the votes cast, so retail shareholders can stop this if they actually vote.
Do not be passive. If you oppose delisting, vote AGAINST both resolutions immediately.
If you hold through Hargreaves Lansdown, Interactive Investor, AJ Bell, Barclays, Halifax, ii, Freetrade or another nominee platform, check your voting deadline now. Nanoco itself says platform deadlines are likely to be significantly earlier than the official proxy deadline of 10.30 a.m. on 17 June 2026.
Important: if you are buying Nanoco shares because you believe the delisting should be defeated, do not assume your vote will automatically count. Nanoco’s circular says shareholders must be on the company’s register at 6.00 p.m. on 17 June 2026 to vote, and platform deadlines may be earlier. Buy only if you understand the risks, then contact your broker/platform immediately and ask how to vote AGAINST the delisting.
The board wants to remove the public listing and leave shareholders relying on a matched bargain facility. That is not the same as a proper public market. Liquidity may be far worse. Once delisted, retail shareholders could be trapped in an illiquid private company.
This is not about Glass Lewis. This is about whether ordinary shareholders want to keep the right to trade Nanoco shares on the London Stock Exchange.
Vote NO.
Tell other shareholders.
Do not let apathy hand the board a 75% vote.