Last checked at 3 Jun 2011 07:00
3 June 2011
NANOCO GROUP plc
("Nanoco" or the "Company")
Director/PDMR Shareholding
In accordance with the terms of the Company's Long Term Incentive plan, the Board has granted the following options in respect of its ordinary shares to certain Directors of the Company and to Andrew Gooda (manufacturing manager). These options, which were granted following the recommendation of the Remuneration Committee and after consulting its advisers, are subject to stringent performance conditions.
Amount paid for grant of option | Number of shares | Exercise price | |
Michael Edelman | Nil | 189,274 | 79.25p |
Nigel Pickett | Nil | 138,801 | 79.25p |
Colin White | Nil | 138,801 | 79.25p |
Andrew Gooda | Nil | 117,539 | 79.25p |
All other terms and conditions of these incentivisation arrangements are in conformity with the Company's existing Long Term Incentive Plan.
Following the options granted above, the Directors' and Andrew Gooda's interests in the total voting rights of the Company are as detailed below:
| Total number of share options held | Percentage of issued share capital
| No. of Ordinary Shares
| Percentage of issued share capital
|
Michael Edelman | 1,983,024 | 1.0% | 9,272,940 | 4.5% |
Nigel Pickett | 1,845,051 | 0.9% | 10,451,931 | 5.1% |
Colin White | 588,801 | 0.3% | - | - |
Andrew Gooda | 417,539 | 0.2% | - | - |
For further information please contact:
Nanoco | Tel: +44 (0) 161 603 7900 |
Michael Edelman, Chief Executive Officer | |
Colin White, Chief Financial Officer | |
Bank of America Merrill Lynch - Corporate Broker | Tel: + 44 (0) 20 7996 2490 |
Will Smith | |
Zeus Capital | Tel: +44 (0) 161 831 1512 |
Alex Clarkson | |
Nick Cowles | |
Buchanan Communications | Tel: +44 (0) 20 7466 5000 |
Mark Court / Christian Goodbody |
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and manufacture of commercial quantities of quantum dots for use in multiple applications including lighting, solar cells and biological imaging. Nanoco's quantum dots, which are free of heavy metals and comply with RoHS legislation, can be combined into a wide range of materials including liquids, polymers and glass. Nanoco forms strategic partnerships with major end users across a range of applications.
Nanoco was founded in 2001 and is based in Manchester, UK. 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.nanocotechnologies.com.