REG - Nanoco Group PLC - Director/PDMR Shareholding

NanocoAnnouncement

07/11/2018 13:35

RNS Number : 6640G
Nanoco Group PLC
07 November 2018
 


7 November 2018
NANOCO GROUP PLC
("Nanoco" or the "Company")
 
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
On 6 November 2018 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 and other PDMRs as noted below.



Name of Director / PDMR


Number of options granted




Michael Edelman (CEO - Director)


923,824




Nigel Pickett (CTO - Director)


549,398




Brian Tenner (COO / CFO - Director)


1,021,086




Andrew Gooda (PDMR)


255,947




Brian Gally (PDMR)


410,086




Other non-disclosable senior managers


983,770




Total number of options granted


4,144,710



The vesting of the options is subject to the achievement of performance conditions based upon the compound annual growth rate ('CAGR') in the Group's share price over the three year performance period ending 31 July 2021.



Range


CAGR (%)


Proportion of award that will vest




Below threshold


Less than 15.0%


Nil




Threshold


15.0%


25%




Between threshold and maximum


>15.0% to <32.0%


Linear basis between 25% and 100%




Maximum


32.0%


100%



Ordinarily, the options will vest (subject to the achievement of the performance conditions) following the announcement of Nanoco's results for its financial year ending 31 July 2021. The options are then subject to an additional two year holding period. This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.
For further information please contact:
Caroline Watson

Investor Relations Manager

Telephone : +44 (0) 161 603 7900
 
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. 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 and Electronics markets.
One of the interesting properties 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 has non-exclusive manufacturing and marketing licensing agreements in display with The Dow Chemical Company, Merck KGaA of Germany and Wah Hong Industrial Corporation of Taiwan.
Nanoco was founded in 2001 and is headquartered in Manchester, 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.nanocogroup.com
Notification of Dealing Form



1.


Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")




a)


Name


MICHAEL EDELMAN




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:

Identification code


ORDINARY SHARES OF 1O PENCE EACH




ISIN: GB00B01JLR99




b)


Nature of the transaction


GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil cost


923,824








d)


Aggregated information:

- Aggregated volume

- Price


N/A




e)


Date of the transaction


6 NOVEMBER 2018




f)


Place of the transaction


OUTSIDE A TRADING VENUE



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

Identification code


ORDINARY SHARES OF 1O PENCE EACH




ISIN: GB00B01JLR99




b)


Nature of the transaction


GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil cost


549,398








d)


Aggregated information:

- Aggregated volume

- Price


N/A




e)


Date of the transaction


6 NOVEMBER 2018




f)


Place of the transaction


OUTSIDE A TRADING VENUE



 
 
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 OPERATING OFFICER & CHIEF FINANCIAL 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

Identification code


ORDINARY SHARES OF 1O PENCE EACH




ISIN: GB00B01JLR99




b)


Nature of the transaction


GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil cost


1,021,687








d)


Aggregated information:

- Aggregated volume

- Price


N/A




e)


Date of the transaction


6 NOVEMBER 2018




f)


Place of the transaction


OUTSIDE A TRADING VENUE



Notification of Dealing Form



1.


Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")




a)


Name


BRIAN GALLY




2.


Reason for the notification




a)


Position /status


PRODUCT AND LIGHTING BUSINESS DIRECTOR, NANOCO TECHNOLOGIES 




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

Identification code


ORDINARY SHARES OF 1O PENCE EACH




ISIN: GB00B01JLR99




b)


Nature of the transaction


GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil cost


410,086








d)


Aggregated information:

- Aggregated volume

- Price


N/A




e)


Date of the transaction


6 NOVEMBER 2018




f)


Place of the transaction


OUTSIDE A TRADING VENUE



 
 
 
Notification of Dealing Form



1.


Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")




a)


Name


ANDREW GOODA




2.


Reason for the notification




a)


Position /status


SUPPLY CHAIN AND COMPLIANCE DIRECTOR, NANOCO TECHNOLOGIES




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
Identification code


ORDINARY SHARES OF 1O PENCE EACH




ISIN: GB00B01JLR99




b)


Nature of the transaction


GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil cost


255,947








d)


Aggregated information:

- Aggregated volume

- Price


N/A




e)


Date of the transaction


6 NOVEMBER 2018




f)


Place of the transaction


OUTSIDE A TRADING VENUE



 
= END =




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHFKODBNBDDCDK