17 Oct 2013 16:33
For immediate release | 17 October 2013 |
NANOCO GROUP PLC
("Nanoco" or the "Company")
Change of significant shareholder ownership
The Company was notified today that ORA Capital Partners Limited ("ORA"), which is controlled by Richard Griffiths, distributed its 15.5% interest in the issued share capital of Nanoco (as previously held through its wholly owned subsidiary ORA (Guernsey) Limited) and that this was completed on 17 October 2013. This comprises part of the distribution in specie by ORA of its entire quoted portfolio company equity holdings, following shareholder approval at the ORA General Meeting on 14 October 2013.
Consequent to the above distribution by ORA, Nanoco has today also been notified of the following changes in interests in the issued share capital of the Company:
Shares received as part of distribution in specie by ORA | Resultant interest in shares of the Company | Resultant % of issued share capital of the Company | ||
Richard Griffiths | 26,552,218 | 27,694,908 | 13.18%* | |
*Included within Richard Griffiths' 13.18% interest in the Company is a 12.06% holding by Blake Holdings Limited, which is controlled by him. Also included within his holdings is a CFD interest in 1,142,690 shares.
For further information:
Nanoco | + 44 (0) 161 603 7900 |
Michael Edelman, Chief Executive Officer | |
Colin White, Chief Financial Officer | |
Canaccord Genuity - Nomad and Joint Broker | +44 (0) 20 7523 8000 |
Simon Bridges | |
Cameron Duncan | |
Liberum Capital - Joint Broker | +44 (0) 20 3100 2000 |
Simon Atkinson | |
Richard Bootle | |
Buchanan | + 44 (0) 20 7466 5000 |
Mark Court / Fiona Henson / Sophie Cowles |
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots for use in multiple applications including LCD displays, lighting and solar cells. 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 business development offices in the USA, Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.
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.nanocogroup.com.
Nanoco (NANO)