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Director/PDMR Shareholding

3 May 2019 07:00

RNS Number : 9629X
Nanoco Group PLC
03 May 2019
 

NANOCO GROUP PLC

("Nanoco", the "Group", or the "Company") 

Director/PDMR Shareholding

The following replaces the RNS 'Director/PDMR Shareholding' announcement released on 2 May 2019 at 18:09 with RNS number 9561X.

 

The previous statement omitted the charitable transfer of an additional 60,000 shares by Dr Edelman and the reason for the share sale by Dr Edelman. All other information remains unchanged. The correct version of the announcement is below:

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from our technology platform, has been notified that Dr Michael Edelman, Chief Executive Officer, and Dr Nigel Pickett, Chief Technology Director, sold ordinary shares of 10p each in the Company as set out below. Dr Edelman's sale was carried out in order to repay a personal loan. In addition, Dr Edelman also transferred 60,000 Ordinary Shares into a charitable donor advised fund and ceases to have any economic interest in those shares.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

MICHAEL EDELMAN

2.

Reason for the notification: SALE OF ORDINARY SHARES

a)

Position /status

CHIEF EXECUTIVE OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

213800HOSJEZO1KOCV33

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Type of instrument:Identification code

ORDINARY SHARES OF 1O PENCE EACH ("ORDINARY SHARES")

ISIN: GB00B01JLR99

b)

Nature of the transaction

SALE OF ORDINARY SHARES

c)

Price(s) and volume(s)

Price(s)

Volume(s)

50.02p

48p

45p

N/A

242,857 - Sale

60,680 - Sale

1,696,463 - Sale

60,000 - Charitable transfer

d)

Aggregated information:- Aggregated volume- Price

Price(s)

Volume(s)

45.7p

2,060,000

(excluding the charitable transfer of 60,000 ordinary shares noted above)

e)

Date of the transaction

30 APRIL 2019 TO 02 MAY 2019

f)

Place of the transaction

LONDON STOCK EXCHANGE

 

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

NIGEL PICKETT

2.

Reason for the notification: SALE OF ORDINARY SHARES

a)

Position /status

CHIEF TECHNOLOGY OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

213800HOSJEZO1KOCV33

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Type of instrument:Identification code

ORDINARY SHARES OF 1O PENCE EACH ("ORDINARY SHARES")

ISIN: GB00B01JLR99

b)

Nature of the transaction

SALE OF ORDINARY SHARES

c)

Price(s) and volume(s)

Price(s)

Volume(s)

50.02p

48p

182,143

45,510

d)

Aggregated information:- Aggregated volume- Price

Price(s)

Volume(s)

49.6161p

227,653

e)

Date of the transaction

30 APRIL 2019 TO 02 MAY 2019

f)

Place of the transaction

LONDON STOCK EXCHANGE

 

This announcement contains inside information for the purposes of the Market Abuse Regulation (EU) No. 596/2014.

For further information, please contact:

Nanoco Group PLC:

Michael Edelman, CEO +44 (0) 161 603 7900

Brian Tenner, COO & CFO +44 (0) 161 603 7900

Caroline Watson, Investor Relations Manager +44 (0) 7799 897 357

cwatson@nanocotechnologies.com

 

MHP Communications: +44 (0) 203 128 8570

Reg Hoare

Giles Robinson

Pete Lambie

nanoco@mhpc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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