REG - Nanoco Group PLC - Exercise of Deferred Bonus Options

NanocoAnnouncement

18/04/2024 15:15

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RNS Number : 2157L  Nanoco Group PLC  18 April 2024

18 April 2024

NANOCO GROUP PLC

("Nanoco", the "Group" or the "Company")

 

Exercise of Deferred Bonus Options

 

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

Nanoco Group plc ("Nanoco") announces that on 17 April 2024 Nanoco received
notice that Brian Tenner, CEO, Nigel Pickett, CTO, Liam Gray, CFO, and a
number of other employees have exercised in full options granted to them on 9
November 2021. These options are in respect of bonuses earned in previous
years which were deferred, and became exercisable upon the publication of the
financial statements for the year ended 31 July 2023.

In order to comply with the rules of the scheme, a number of the shares will
be sold to meet tax and fee obligations. To meet the exercise of these
options, the EBT purchased ordinary shares of 10p each in Nanoco on the open
market of the London Stock Exchange.

The details of the awards and subsequent exercise and retention of shares are
as follows:

 Name of Director / PDMR            Number of options exercised  Number of shares sold to meet tax and fee obligations  Shares retained following exercise  Total shareholding
 Brian Tenner (CEO - Director)      452,555                      (213,130)                                              239,425                             1,482,583
 Dr Nigel Pickett (CTO - Director)  399,929                      (188,346)                                              211,583                             7,450,694
 Liam Gray (CFO - Director)         35,157                       (16,558)                                               18,559                              142,001
 Other employees                    40,939                       (15,948)                                               24,991                              N/A

 

This notification is made pursuant to the Disclosure and Transparency Rules.

For further information please contact:

Liam Gray

Chief Financial Officer and Company Secretary

Telephone : +44 (0) 1928 761422

 

Notes for editors:

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 and other
nano-materials. 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, Sensor and Electronics markets. An interesting property of
quantum dots is their absorption spectrum. Nanoco's HEATWAVE™ quantum dots
can be tuned to absorb light at different wavelengths across the near-infrared
spectrum, rendering them useful for applications including image sensors.
Another interesting property 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 was founded in 2001 and is headquartered in Runcorn, 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.nanocotechnologies.com.

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 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                      ORDINARY SHARES OF 1O PENCE EACH

Identification code
     ISIN: GB00B01JLR99
 b)  Nature of the transaction               EXERCISE OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED
                                             BONUS PLAN AND SALE OF SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL
                                             INSURANCE CHARGES. BALANCE RETAINED.
 c)  Price(s) and volume(s)                  Price(s)  Volume(s)

     Acquisition of shares on

 exercise of option                    Nil cost  452,555

      Sale of shares to pay tax and costs
                                             21.5p     213,130
 d)  Aggregated information:                 N/A

- Aggregated volume

- Price
 e)  Date of the transaction                 18 APRIL 2024
 f)  Place of the transaction                LONDON STOCK EXCHANGE

d)

Aggregated information:

- Aggregated volume

- Price

N/A

e)

Date of the transaction

18 APRIL 2024

f)

Place of the transaction

LONDON STOCK EXCHANGE

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                      ORDINARY SHARES OF 1O PENCE EACH

Identification code
     ISIN: GB00B01JLR99
 b)  Nature of the transaction               EXERCISE OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED
                                             BONUS PLAN AND SALE OF SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL
                                             INSURANCE CHARGES. BALANCE RETAINED.
 c)  Price(s) and volume(s)                  Price                      Volume

     Acquisition of shares on

 exercise of option

                                       Nil cost                  399,929
      Sale of shares to pay tax and costs

                                             21.5p                    188,346
 d)  Aggregated information:                 N/A

- Aggregated volume

- Price
 e)  Date of the transaction                 18 APRIL 2024
 f)  Place of the transaction                LONDON STOCK EXCHANGE

Notification of Dealing Form

 1.  Details of the Person Discharging Managerial Responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                    LIAM GRAY
 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                      ORDINARY SHARES OF 1O PENCE EACH

Identification code
     ISIN: GB00B01JLR99
 b)  Nature of the transaction               EXERCISE OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED
                                             BONUS PLAN AND SALE OF SUFFICIENT SHARES TO FUND INCOME TAX AND NATIONAL
                                             INSURANCE CHARGES. BALANCE RETAINED.
 c)  Price(s) and volume(s)                  Price                      Volume

     Acquisition of shares on

 exercise of option

                                       Nil cost                   35,157
      Sale of shares to pay tax and costs

                                             21.5p                      16,558
 d)  Aggregated information:                 N/A

- Aggregated volume

- Price
 e)  Date of the transaction                 18 APRIL 2024
 f)  Place of the transaction                LONDON STOCK EXCHANGE

 

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