Business
Directors' Dealings
Directors' Dealings.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n RNS Number : 5106V Nanoco Group PLC 03 November 2010 \n \n\n\n\n\n\nFor immediate release\n\n\n3 November 2010\n\n\n\n\n \nNANOCO GROUP PLC\n(\"Nanoco\" or \"the Company\")\n \nDirectors' Dealings and Issue of Equity\n \nNanoco Group plc (AIM: NANO), a world leader in the development and manufacture of quantum dots, solar inks and other nanomaterials, announces that on 2 November 2010 Michael Edelman, Chief Executive Officer, and Nigel Pickett, Chief Technical Director, both exercised 1,350,000 share options granted to them under the Company's share options scheme. \n \nApplication has been made for 2,700,000 Ordinary shares of 10 pence each in the capital of the Company ('Ordinary Shares') to be admitted to AIM. A further announcement will be made once these shares have been admitted. Following admission, the enlarged issued share capital of the Company will be 188,337,682 Ordinary Shares.\n \nIn addition, Michael Edelman, Chief Executive Officer, and Nigel Pickett, Chief Technical Director, notified the Company on 2 November 2010 that on the same day they both sold 1,350,000 Ordinary Shares at a price of 105.5 pence per Ordinary Share. Following the sale, Michael Edelman owns 9,272,940 Ordinary Shares, representing approximately 4.92 per cent of the enlarged share capital of the Company, and Nigel Pickett owns 10,451,931 Ordinary Shares, representing approximately 5.55 per cent of the enlarged share capital of the Company.\n \nThe two Directors do not intend to dispose of any further Ordinary Shares in the foreseeable future.\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\nColin White, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBank of America Merrill Lynch - Corporate Broker\n\n\nTel: + 44 (0) 20 7996 2490\n\n\n\n\nWill Smith\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nZeus Capital - Nominated Adviser\n\n\nTel: +44 (0) 161 831 1512\n\n\n\n\nAlex Clarkson\n\n\n\n\n\n\n\nNick Cowles\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBuchanan Communications\n\n\nTel: +44 (0) 20 7466 5000\n\n\n\n\nMark Court / Christian Goodbody \n\n\n\n\n\n\n\n \n \nNotes for editors:\n \nAbout Nanoco Group plc\nNanoco is a world leader in the development and manu...