Brief: Nanoco Group Receives Second Tranche Of Litigation Proceeds From Samsung

Nanoco

24/01/2024 07:37

Jan 24 (Reuters) - Nanoco Group PLC  NANON.L :
    * NANOCO GROUP PLC - RECEIVED SECOND TRANCHE OF LITIGATION
PROCEEDS FROM SAMSUNG
    * NANOCO GROUP PLC - GROUP HAS RECEIVED A NET SUM OF
$71.75M,
BEING $75.0M LESS EXPECTED KOREAN WITHHOLDING TAX, WHICH
AMOUNTED TO $3.25M
    * NANOCO GROUP PLC - KOREAN WITHHOLDING TAX IS AVAILABLE TO
OFFSET
NANOCO'S FUTURE PROFITS IN UK

Source text for Eikon:  ID:nRSX6851Aa 
Further company coverage:  NANON.L 

 ((Reuters.Briefs@thomsonreuters.com;))