Business
Board Changes
Board Changes.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n \nRNS Number : 5341Y Nanoco Group PLC 18 May 2016 \n\n\n\n\n\nFor immediate release\n\n\n18 May 2016\n\n\n\n\n \n \n \n \nNANOCO GROUP PLC\n(\"Nanoco\" or the \"Company\") \n \nBoard Changes\n \nNanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces that its Chairman, Tony Clinch, has resigned as a director after six years on the Company's Board, a period during which he has led the Company through key corporate milestones including the move from AIM to the Official List and from an exclusive to a non-exclusive commercialisation strategy in the display market.\nTony joined Nanoco's Board as a Non-Executive Director in March 2010 and was appointed Chairman in April 2013.\nChris Richards, who joined Nanoco's Board as a Non-Executive Director in November 2015, has been appointed Chairman.\nThe above Board changes are taking place with immediate effect.\nMichael Edelman, Nanoco's Chief Executive Officer, said: \"On behalf of the Board, I would like to express sincere thanks to Tony Clinch for the major contribution he has made to Nanoco's development in the past six years, most recently as Chairman. In this role, he has provided wise counsel on the commercial transition of the Company in the display market, opening up new commercial opportunities through a non-exclusive licensing strategy. We thank Tony for his dedication to Nanoco and wish him well in his future endeavours.\n\"I would also like to welcome Chris Richards, a Non-Executive Director for the past six months, to the role of Chairman. I'm confident that he will build on the platform that Tony has created, and guide us in the exploitation of Nanoco's world-leading technology through multiple channels in the display market and in our other target markets.\"\n \n \nFor further information, please contact:\n \n\n\n\n\nNanoco\n\n\nTel: +44 (0) 161 603 7900\n\n\n\n\nMichael Edelman, Chief Executive Officer\n\n\n\n\n\n\n\nDavid Blain, Chief Financial Officer\nCaroline Watson, Investor Relations Manager\[email protected]\n\n\n \nTel: + 44 (0) 7799 897357 \n\n\n\n\n\n\n\n\n\n\n\n\nCanaccord Genuity - Joint Broker\n\n\nTel: +44 (0) 20 7523 8000\n\n\n\n\nSimon Bridges\nCameron Duncan\n\n\n\n\n\n\n\nMark Whitmore\n\n\n...