Member Info for guidfarr

I bet they won't resign - they have it too cosy in there.

i think they could have just downgraded their listing to aim. moving a company from the main market to aim requires cancelling the listing on the fca’s official list (which is a delisting from the main market) and simultaneously applying for admission to trade on aim. but this bunch are not planning that - they want to delist and keep it private for ****s sake.

however, if you mean "can you move to aim without your shares disappearing from the public market?"—yes, absolutely. when companies execute this specific "transfer," the cancellation from the main market and the new aim admission happen at the exact same moment (usually 8:00 am on the effective business day). this means public trading is never interrupted, and shareholders can keep buying and selling.

in their may 2026 announcement, nanoco explicitly stated their intention to delist entirely from the london stock exchange. they are leaving public markets altogether to become an unlisted, private company. however the business belongs to us and they have no business to make that decision.

So you believe in the company and want it private eh? Then you better buy a lot more shares BECAUSE MOST OF US ARE GOING TO VOTE AGAINST DELISTING. WE ARE NOT NAIVE.

Relisting in the USA would have been welcome - but directors are not offering the avenue. VOTE NO or GET SHAFTED.

You are a director of the company. It is utterly idiotic for a retail shareholder to vote for delisting. Once delisted it will be very hard to trade this. You will get pathetic offers. And that's only for as long as the company offers the over the counter trading service which won't be forever. After that you are the mercy of those feckers who don't have a great track record of looking after shareholders!

Make sure to Vote no if you value your money. A no vote could potentially double the stock price. I know its not much comfort for a long term holder but its better than current levels.

For us retail shareholders it is critical to vote against this resolution. Directors are relying on the fact that not many shareholders will bother to vote!

For Hargreaves Lansdown - you need to log in

'However, this doesn't stop you from partaking or voting in any future AGMs on any of the shares that you hold. If you'd like to attend an AGM or vote on a company’s shares that you hold, you can do so once logged into your account through our website by clicking on the View shareholder meetings link underneath your secure messages.

From here, you will be able to see all upcoming shareholder meetings for companies in which you own shares and submit a vote on the proposals or request to attend an upcoming meeting.'

A delisting is not good for us. And that guy doesn't know any better than us. If he knew he would have sold before the big announcement.

You speak like a director.

That is not the point - this company is owned 90% by retail investors. The board of directors owes us a fiduciary duty to look after its majority shareholders. We did not buy into the company for it to go private. If it wants to minimise expenses it should list on AIM. Then minimise costs and seek a buyer for the IP. Continuing to exist as a company aimlessly spending shareholders money in generous salaries without delivering value is not in our best interest.

I suspect that this time a lot of retail shareholders will not be voting with the board. Our real enemy is indifference - many people just don't bother to follow their stock after buying - big mistake!

I've checked your posts - all your posts are about Nanoco. You don't look like a 'normal' retail shareholder to me. More likely related to management...

that's bull**** - get listed on aim and reduce costs a lot. this company is owned by mostly retail - it has no right to go private.

Who are you terrorwit - are you related to the management of the company? This is a very different vote than that rebels' vote. This is a critical vote and retail shareholders will view it vastly differently. You would be crazy if you're retail and agree to the company being privatised.

So you're not going to vote? Are you happy to have your holding in a private company??

In 2023, a group of activist shareholders led by Tariq Hamoodi attempted to overthrow the entire board.

During the 2023 shareholder revolt against Nanoco Group PLC, the identity of the "rebelling shareholders" was split between the official institutional nominee entities used to mount the challenge and the specific investor group steering it.

The rebellion was comprised of the following entities and individuals:

1. The Official Requisitionists (Nominee Accounts)Under UK corporate law, shares are often held in anonymous nominee accounts. The institutional names officially listed on the paperwork to trigger the Extraordinary General Meeting (EGM) were:

- Aurora Nominees Limited

- Securities Services Nominees Limited

Together, these nominee accounts represented 5.02% of Nanoco’s total voting rights at the time of the initial filing, which gave them the legal threshold required to force a general meeting

2. The Group Leader

Tariq Hamoodi: A private investor, former Morgan Stanley analyst, and advisor at the Goldenbridge family office. Individually, Hamoodi controlled a stake fluctuating between 3.4% and 4.23% of the company. He acted as the public face and chief coordinator of the campaign.

3. The Rebel Investor Group & Proposed Board Nominees

The law firm representing the rebels (Pallas LLP) stated they were acting on behalf of "Tariq Hamoodi and several others". While the specific names of every small private investor backing Hamoodi inside the nominee block were not entirely publicized, the core group put forward a highly specific 5-person slate of rebel directors intended to take total control of Nanoco:

- Greg Moeller: A quantum dot specialist and co-founder of QD Vision (a chief Nanoco rival that was eventually acquired by Samsung).

- Dooyong Lee: A patent licensing expert and the founder/CEO of Aequitas Technologies.

- Benjamin Barnett: The Chief Investment Officer (CIO) of Obotritia Capital.

- Ikchoon Tim Kang

- Eric Achtmann

The Outcome

Though Hamoodi's rebel alliance managed to drum up roughly 10% to 20% of total voting support by the time the actual ballots were cast on August 14, 2023, they were soundly defeated. Over 80% of Nanoco's shareholders voted to back the existing board, heavily swayed by institutional proxy advisers (like Glass Lewis and ISS) and major institutional blocks who publicly condemned Hamoodi's campaign as a "backdoor takeover attempt"

Why the Rebels Are "Missing" from the Register

If you are looking at Nanoco’s public shareholder register, you will not find the name "Tariq Hamoodi" or "Decagon Asset Management" explicitly spelled out. This comes down to the mechanics of UK share registration rather than a definitive sign that they have entirely dumped their shares:

Nominee Account Masking: As a private investor group, the rebels hold their shares through institutional broker nominee companies...

Dr. Pickett' resigned in August 19, 2025 so its not really a negative he's selling at this point. Since he has resigned from the company it is logical he would be selling his shares.

Looking at the shareholders Milkwood Capital Limited owns 8.78% while Cable Car Capital LLC own 3.59%. Activist value funds rarely vote "Yes" to lock themselves into a private entity at rock-bottom valuations unless a premium cash exit or buyout structure is on the table. This is especially true with Milkwood that clashed with the board in 2024 (tried to change the board members!) So I would view Cable Car and Milkwood Capital as "unfriendly" to the current board's defensive private pivot.

For the delisting resolution to pass, Nanoco requires a steep 75% approval rate from the votes cast at the General Meeting. Given the intense backlash from retail investors who make up a massive chunk of the register, a unified block of institutions like Cable Car voting "No" could easily defeat the board’s proposal.

Dr. Pickett' resigned in August 19, 2025 so its not really a negative he's selling at this point.

Exactly by simply announcing the delisting they have destroyed more than half the company's capital. Now trading at half cash because people don't want to be trapped in a private company. STUPID.

Low volumes transacted https://finance.yahoo.com/quote/NANO.L/history/

I've seen this a number of times with such cases; all of a sudden one day you get an explosive move as interested parties move in. If you want to make sure to block the vote buy in at these low prices and vote no. The market cap is now very low - if we act together we can impact the vote. The biggest enemy of retail investors is indifference and not bothering to vote in annual meetings.

Make sure to vote NO! Directors are relying on the fact that not many shareholders will bother to vote ! I e-mailed investor relations questioning the deal and they didn't even bother to reply. Don't let them take it private - if they want they could list it on AIM which would cost much less. If its delisted you lose all control.

For Hargreaves Lansdown - you need to log in

'However, this doesn't stop you from partaking or voting in any future AGMs on any of the shares that you hold. If you'd like to attend an AGM or vote on a company’s shares that you hold, you can do so once logged into your account through our website by clicking on the View shareholder meetings link underneath your secure messages.

From here, you will be able to see all upcoming shareholder meetings for companies in which you own shares and submit a vote on the proposals or request to attend an upcoming meeting.'

I just voted. VOTE NO. DON'T LET THEM TAKE IT PRIVATE.

They must have an end game - because unlike us they can't enter and exit such stakes easily.