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

NanocoAnnouncement

22/12/2016 16:00

RNS Number : 6520S
Nanoco Group PLC
22 December 2016
For immediate release                                                                        22 December 2016
NANOCO GROUP PLC
("Nanoco" or the "Company" or "Group") 
Director/PDMR Shareholding
The Company received notification today that, on 21 December 2016, Dr Michael Edelman, Nanoco's Chief Executive Officer, sold 380,000 ordinary shares and transferred 120,000 ordinary shares of 0.10 each in the Company ("Ordinary Shares") to meet charitable and other financial commitments before the end of the US tax year on 31 December 2016. The average sale price was 40.75 pence per share.
Following this transaction, Michael Edelman has a beneficial interest in 4,931,615 Ordinary Shares, representing approximately 2.07% per cent. of the total voting rights in the Company.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Michael Edelman
2
Reason for the notification
a)
Position/status 
CEO
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nanoco Group plc
b) 
LEI

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)
Description of the financial instrument, type of instrument 
Ordinary Shares of 0.10 each
Identification code
ISIN GB00B01JLR99
b)
Nature of the transaction
Sale and transfer of Ordinary Shares
c)
Price(s) and volume(s) 
Sale:
Volume
Price, p
344,057
40.5p
31,166
43.0p
4,777
44.0p
Transfer:
Volume(s)120,000 Ordinary Shares 
Price(s) 44.5p transfer price (no cash received for charitable donation)
d)
Aggregated information 
Sale;
Volume380,000 Ordinary Shares 
Average Price 40.75 pence
Transfer:
Volume120,000 Ordinary Shares 
Price 44.5p transfer price (no cash received for charitable donation)
e)
Date of transaction
21 December 2016
f)
Place of transaction
London Stock Exchange (XLON)
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
Tel: + 44 (0) 7799 897357
cwatson@nanocotechnologies.com
Buchanan
Tel: +44 (0) 20 7466 5000
Mark Court / Sophie Cowles / Stephanie Watson

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