Last checked at 28 May 2015 07:00
For immediate release | 28 May 2015 |
NANOCO GROUP PLC
("Nanoco" or the "Company")
Appointment of Non-Executive Director
Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, is pleased to announce the appointment of Brendan Cummins as a Non-Executive Director with effect from today, 28 May 2015.
Brendan is a highly experienced chemicals industry executive with 40 years of industry and leadership experience. Most recently, he was Chief Executive Officer of Ciba Inc., the major international chemicals company acquired by BASF in 2009. During his executive career he worked for many years at the Ciba-Geigy Group and then at Ciba Inc., which was formed in 1998 when Ciba-Geigy separated its chemical and pharmaceutical interests.
Brendan joined Ciba-Geigy in 1971 in Ireland and went on to hold many senior international positions at Ciba-Geigy and at Ciba Inc. in locations including Switzerland, China, Hong Kong and Singapore.
A qualified accountant, he is currently a non-executive director of Ashland Inc., a global speciality chemical company quoted on the New York Stock Exchange.
Michael Edelman, Nanoco's Chief Executive Officer, commented: "As a former Chief Executive Officer of Ciba Inc., Brendan Cummins brings to Nanoco vast experience of the international chemicals sector. We are delighted that he is joining Nanoco's Board as a Non-Executive Director and look forward to his input."
Brendan Cummins was a director of SolarPrint Limited, an Irish company, when it was voluntarily liquidated in 2014. There are no further disclosures required under paragraph 9.6.13 of the UKLA's Listing Rules.
For further information, please contact:
Nanoco | Tel: +44 (0) 161 603 7900 |
Michael Edelman, Chief Executive Officer | |
Mark Sullivan, Interim Chief Financial Officer | |
Canaccord Genuity - Joint Broker | Tel: +44 (0) 20 7523 8000 |
Simon Bridges | |
Cameron Duncan Mark Whitmore | |
Liberum - Joint Broker | Tel: +44 (0) 20 3100 2000 |
Simon Atkinson | |
Richard Bootle | |
Buchanan | Tel: +44 (0) 20 7466 5000 |
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 is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocotechnologies.com.