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RNS Number : 2157L Nanoco Group PLC 18 April 2024
18 April 2024
NANOCO GROUP PLC
("Nanoco", the "Group" or the "Company")
Exercise of Deferred Bonus Options
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
Nanoco Group plc ("Nanoco") announces that on 17 April 2024 Nanoco received
notice that Brian Tenner, CEO, Nigel Pickett, CTO, Liam Gray, CFO, and a
number of other employees have exercised in full options granted to them on 9
November 2021. These options are in respect of bonuses earned in previous
years which were deferred, and became exercisable upon the publication of the
financial statements for the year ended 31 July 2023.
In order to comply with the rules of the scheme, a number of the shares will
be sold to meet tax and fee obligations. To meet the exercise of these
options, the EBT purchased ordinary shares of 10p each in Nanoco on the open
market of the London Stock Exchange.
The details of the awards and subsequent exercise and retention of shares are
as follows:
Name of Director / PDMR Number of options exercised Number of shares sold to meet tax and fee obligations Shares retained following exercise Total shareholding
Brian Tenner (CEO - Director) 452,555 (213,130) 239,425 1,482,583
Dr Nigel Pickett (CTO - Director) 399,929 (188,346) 211,583 7,450,694
Liam Gray (CFO - Director) 35,157 (16,558) 18,559 142,001
Other employees 40,939 (15,948) 24,991 N/A
This notification is made pursuant to the Disclosure and Transparency Rules.
For further information please contact:
Liam Gray
Chief Financial Officer and Company Secretary
Telephone : +44 (0) 1928 761422
Notes for editors:
About Nanoco Group plc
Nanoco (LSE: NANO) harnesses the power of nano-materials. Nano-materials are
materials with dimensions typically in the range 1 - 100 nm. Nano-materials
have a range of useful properties, including optical and electronic. Quantum
dots are a subclass of nano-material that have size-dependent optical and
electronic properties. The Group produces quantum dots and other
nano-materials. Within the sphere of quantum dots, the Group exploits
different characteristics of the quantum dots to target different performance
criteria that are attractive to specific markets or end-user applications such
as the Display, Sensor and Electronics markets. An interesting property of
quantum dots is their absorption spectrum. Nanoco's HEATWAVE™ quantum dots
can be tuned to absorb light at different wavelengths across the near-infrared
spectrum, rendering them useful for applications including image sensors.
Another interesting property of quantum dots is photoluminescence: the
emission of longer wavelength light upon excitation by light of a shorter
wavelength. The colour of light emitted depends on the particle size. Nanoco's
CFQD® quantum dots are free of cadmium and other toxic heavy metals, and can
be tuned to emit light at different wavelengths across the visible and
infrared spectrum, rendering them useful for a wide range of applications
including displays, lighting and biological imaging.
Nanoco was founded in 2001 and is headquartered in Runcorn, UK, with a US
subsidiary, Nanoco Inc., in Concord, MA. Nanoco continues to build out a
world-class, patent-protected IP portfolio generated both by its own
innovation engine, as well as through acquisition.
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.
Notification of Dealing Form
1. Details of the Person Discharging Managerial Responsibilities ("PDMR") /
person closely associated with them ("PCA")
a) Name BRIAN TENNER
2. Reason for the notification
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 ORDINARY SHARES OF 1O PENCE EACH
Identification code
ISIN: GB00B01JLR99
b) Nature of the transaction EXERCISE OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED
BONUS PLAN AND SALE OF SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL
INSURANCE CHARGES. BALANCE RETAINED.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares on
exercise of option Nil cost 452,555
Sale of shares to pay tax and costs
21.5p 213,130
d) Aggregated information: N/A
- Aggregated volume
- Price
e) Date of the transaction 18 APRIL 2024
f) Place of the transaction LONDON STOCK EXCHANGE
d)
Aggregated information:
- Aggregated volume
- Price
N/A
e)
Date of the transaction
18 APRIL 2024
f)
Place of the transaction
LONDON STOCK EXCHANGE
Notification of Dealing Form
1. Details of the Person Discharging Managerial Responsibilities ("PDMR") /
person closely associated with them ("PCA")
a) Name DR NIGEL PICKETT
2. Reason for the notification
a) Position /status CHIEF TECHNICAL 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 ORDINARY SHARES OF 1O PENCE EACH
Identification code
ISIN: GB00B01JLR99
b) Nature of the transaction EXERCISE OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED
BONUS PLAN AND SALE OF SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL
INSURANCE CHARGES. BALANCE RETAINED.
c) Price(s) and volume(s) Price Volume
Acquisition of shares on
exercise of option
Nil cost 399,929
Sale of shares to pay tax and costs
21.5p 188,346
d) Aggregated information: N/A
- Aggregated volume
- Price
e) Date of the transaction 18 APRIL 2024
f) Place of the transaction LONDON STOCK EXCHANGE
Notification of Dealing Form
1. Details of the Person Discharging Managerial Responsibilities ("PDMR") /
person closely associated with them ("PCA")
a) Name LIAM GRAY
2. Reason for the notification
a) Position /status CHIEF TECHNICAL 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 ORDINARY SHARES OF 1O PENCE EACH
Identification code
ISIN: GB00B01JLR99
b) Nature of the transaction EXERCISE OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED
BONUS PLAN AND SALE OF SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL
INSURANCE CHARGES. BALANCE RETAINED.
c) Price(s) and volume(s) Price Volume
Acquisition of shares on
exercise of option
Nil cost 35,157
Sale of shares to pay tax and costs
21.5p 16,558
d) Aggregated information: N/A
- Aggregated volume
- Price
e) Date of the transaction 18 APRIL 2024
f) Place of the transaction LONDON STOCK EXCHANGE
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