Brief: Nanoco Group Says Board Is No Longer Seeking A Buyer For Trading Subsidiary
20/04/2026 08:00
April 20 (Reuters) - Nanoco Group PLC NANON.L: NANOCO GROUP PLC - INTERIM RESULTS NANOCO : NO FIRM OFFERS WERE RECEIVED FOR POTENTIAL SALE OF TRADING BUSINESS, AND BOARD IS NO LONGER SEEKING A BUYER FOR TRADING SUBSIDIARY NANOCO : COST BASE HAS UNDERGONE REDUCTION, WITH POST-RESTRUCTURING GROSS ANNUAL CASH COSTS EXPECTED TO BE C.£4.2M FROM 1 AUGUST 2026 NANOCO: FURTHER REORGANISATION COMPLETED, INCLUDING REDUCTION IN BOARD'S SIZE & COST, GROSS CASH COST BASE REDUCED TO BETWEEN £0.3M - £0.4M PER MONTH Source text: ID:nRST0180Ba Further company coverage: NANON.L ((Reuters.Briefs@thomsonreuters.com;))