Last checked at 23 Dec 2009 12:29
| For immediate release | 23 December 2009 |
NANOCO GROUP PLC
("Nanoco" or "the Company")
Shareholding Notification
Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of commercial quantities of quantum dots, received notification on 22 December 2009 from Universities Superannuation Scheme Ltd ("USS") that on 21 December 2009 USS acquired 9,401,000 ordinary shares of 10p each in the Company.
USS's resultant shareholding, and percentage of voting rights, is equivalent to 5.1% of the Company's ordinary issued share capital, compared with 0% prior to this notification.
The TR-1 Form relating to this announcement is given below.
For further information please contact:
| Nanoco | Tel: +44 (0) 161 603 7900 |
| Michael Edelman, Chief Executive Officer | |
| Michael Bretherton, Chief Financial Officer | |
| Zeus Capital | Tel: +44 (0) 161 831 1512 |
| Alex Clarkson | |
| Nick Cowles | |
| Buchanan Communications | Tel: +44 (0) 20 7466 5000 |
| Mark Court / Jennie Spivey / Miranda Higham |
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.
About quantum dots
Quantum dots are fluorescent nano-sized particles of semiconductor material which have the ability to emit light in a specific colour dependent on the size of the particle.
TR-1: Notification of Major Interests in Shares
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Nanoco Group plc | |
| 2. Reason for the notification | ||
| An acquisition or disposal of voting rights Acquisition | X | |
| An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||
| An event changing the breakdown of voting rights | ||
| Other (please specify): | ||
| 3. Full name of person(s) subject to the notification obligation: | Universities Superannuation Scheme Ltd | |
| 4. Full name of shareholder(s) (if different from 3.): | ||
| 5. Date of the transaction (and date on which the threshold is crossed or reached if different): | 21/12/2009 | |
| 6. Date on which issuer notified: | 22/12/2009 | |
| 7. Threshold(s) that is/are crossed or reached: | 5% | |
| 8. Notified details: | ||
| A: Voting rights attached to shares | |||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
| Ord 10p Shares ISIN GB00B1NPJJ01 | 0 | 0 | 9,401,100 | 9,401,100 | 5.1% | ||
| B: Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
|
|
|
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| |
| Total (A+B) | |
| Number of voting rights | % of voting rights |
|
9,401,100 | 5.1% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| Proxy Voting: | |
| 10. Name of the proxy holder: | N/A |
| 11. Number of voting rights proxy holder will cease to hold: | N/A |
| 12. Date on which proxy holder will cease to hold voting rights: | N/A |
| 13. Additional information: | |
| 14. Contact name: | Philip Brayne |
| 15. Contact telephone number: | 0151 227 4711 |