REG - Nanoco Group PLC - Receipt of Litigation Proceeds

NanocoAnnouncement

15/01/2026 13:15

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RNS Number : 1064P  Nanoco Group PLC  15 January 2026

FOR IMMEDIATE
RELEASE
                                      15
January 2026

 

Nanoco Group PLC

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

 

Receipt of Litigation Proceeds

 

Nanoco Group plc (LSE: NANO), a world leader in the development and
manufacture of cadmium-free quantum dots and other specific nanomaterials
emanating from its technology platform, confirms that it has today received
the settlement amount of $4.5m from LG Electronics Inc. and LG Electronics
U.S.A., Inc. (the "Parties").

As detailed in the announcement dated 20 November 2025, the gross amount
agreed between the Company and the Parties was $5m, and 10% of this has been
withheld at source in order to satisfy relevant tax liabilities. The gross
amount of $5m will be wholly recognised as revenue in the current financial
year.

 

- Ends -

Nanoco Group plc:

Dmitry Shashkov,
CEO
      +44 (0)1928 761 404

Liam Gray, CFO & Company Secretary

 

Sodali & Co (Public
Relations)

Elly
Williamson
      +44 (0)79 3535 1934

Pete Lambie

Oliver Banks

Nanoco@sodali.com (mailto:Nanoco@sodali.com)

 

Cavendish Capital Markets Limited (Financial Adviser and Corporate Broker):

Ed Frisby / George Lawson (Corporate Finance)
                                  +44 (0) 20 7220 0500

Tim Redfern (Corporate Broking)

Jasper Berry (Sales)

 

CDX Advisors (Financial Adviser):

Steven Foland
 
 
                     +1 415 425 2224

Steve Month

Patrick Foley

 

Notes for editors:

About Nanoco Group plc

Nanoco (LSE: NANO) is a world leader in the development and manufacture of
cadmium-free quantum dots and other specific nanomaterials emanating from its
technology platform. In particular, Nanoco is a nanomaterial production and
licensing group, specialising in the production of its patented cadmium free
quantum dots (CFQD® materials) and other patented nanomaterials for use in
the electronics industries. Founded in 2001 and headquartered in Runcorn, UK,
Nanoco continues to build out a world-class, patent-protected IP portfolio
alongside its existing scaled up production facilities for commercial orders.

Nanomaterials are materials with dimensions typically in the range 1 - 100 nm.
Nanomaterials have a range of useful properties, including optical and
electronic. Quantum dots are a subclass of nanomaterial that have
size-dependent optical and electronic properties. 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 Sensor, Electronics and Display markets.
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 display
applications. Nanoco's HEATWAVE® quantum dots can be tuned to absorb light at
different wavelengths across the near-infrared spectra, rendering them useful
for applications including cameras and image sensors.

Nanoco is listed on the Main Market of the London Stock Exchange, holds the
LSE's Green Economy Mark, and trades under the ticker symbol NANO. For further
information please visit: www.nanocotechnologies.com
(http://www.nanocotechnologies.com)

 

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