Business
Block Listing Application
Block Listing Application.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3515U\n Nanoco Group PLC\n 02 December 2021\n \n \n \n \n 2 December 2021\n \n \n NANOCO GROUP PLC\n \n \n (\"\n Nanoco\n \", the \"Group\" or the \"Company\"\n )\n \n \n \n \n \n BLOCK LISTING APPLICATION\n \n \n Nanoco Group Plc (LSE: NANO) \n announces that application has been made to the FCA and the LSE for the listing of 5,000,000 Ordinary Shares of 10 pence each fully paid (\"Ordinary Shares\"), reserved under new block listing facilities, to trade on the LSE and to be admitted to the Official List of the FCA. These Ordinary Shares will be issued as a result of the exercise of share options pursuant to the following scheme:\n \n \n \n \n \n Scheme\n \n \n \n \n Amount\n \n \n \n \n \n \n Nanoco Group Plc Deferred Bonus Plan\n \n \n \n \n 5,000,000\n \n \n \n \n \n It is expected that admission of these Ordinary Shares will become effective on 7 December 2021. These Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue and will be allotted from time to time in accordance with the exercise of options under these various schemes.\n \n \n For further information please contact:\n \n \n Liam Gray\nCompany Secretary\nTelephone : +44 (0) 161 603 7900\n \n \n \n \n \n Notes for editors:\n \n \n \n \n \n About Nanoco Group plc\n \n \n 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, render...