REG - Nanoco Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">NANON.L</Origin>

NanocoAnnouncement

24/12/2015 11:33

RNS Number : 1956K
Nanoco Group PLC
24 December 2015
For immediate release 
24 December 2015
NANOCO GROUP PLC
("Nanoco" or the "Company") 
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
On 23 December 2015 Nanoco Group plc ("Nanoco") granted nil-cost options over ordinary shares in the Company under the Nanoco Group 2015 Long Term Incentive Plan (the "LTIP") to the directors as noted below.
The vesting of the options is subject to the achievement of performance conditions based upon share price growth and revenue targets over the three year performance period commencing with Nanoco's 2015/2016 financial year. Ordinarily, the options will vest (subject to the achievement of the performance conditions) following the announcement of Nanoco's results for its 2017/2018 financial year and be released to the participants following the end of a two year holding period.
Name of Director
Number of Shares subject to
Option
Michael Edelman
443,548
Nigel Pickett
284,193
Keith Wiggins
317,627
David Blain
350,000
This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.
For further information, please contact:
Nanoco
Tel: +44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer

David Blain, Chief Financial Officer
Caroline Watson, Investor Relations Manager
cwatson@nanocotechnologies.com
Tel: + 44 (0)7799 897357 


Canaccord Genuity - Joint Broker
Tel: +44 (0) 20 7523 8000
Simon Bridges
Cameron Duncan

Mark Whitmore



Liberum - Joint Broker
Tel: +44 (0) 20 3100 2000
Neil Patel

Richard Bootle
Steven Tredget



Buchanan
Tel: +44 (0) 20 7466 5000
Mark Court / Sophie Cowles / Stephanie Watson

Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nano-materials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. 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 a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.
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.nanocogroup.com.

This information is provided by RNS
The company news service from the London Stock Exchange
  END
RDSPKQDBDBDDABB