Nanoco Group Plc · LSE:NANO
Nanoco — 21st Annual Needham Growth Conference 2019
21 slides from Nanoco's conference presentation, January 2019
Slide 1: Nanoco Group PLC - Needham Growth Conference
NANOCO GROUP PLC NEEDHAM GROWTH CONFERENCE JANUARY 2019
Slide 2: Disclaimer
DISCLAIMER The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. This presentation doe
Slide 3: Presenters
PRESENTERS Dr Michael Edelman - Chief Executive Officer Nanoco has been led by Dr Michael Edelman since September 2004. Michael led the initial fundraising, spun Nanoco out of the University of Manchester, floated the Group on the London Stock Exchange in 2009 and grew Nanoco into the world-leading
Slide 4: Nanoco at a Glance
NANOCO AT A GLANCE OVERVIEW KEY MARKETS Founded in 2001 Status: Public (LON: NANO / Mkt Cap: ~$160mm) Headquarters: Manchester, UK Employees: ~100 • A pioneer in the the research, development, licensing, Nano-materials Display and manufacture of heavy-metal free quantum dots and semiconductor nanopa
Slide 5: Large & Growing Addressable Markets
LARGE & GROWING ADDRESSABLE MARKETS Nano-materials Display Lighting Biomedical Horticulture Biological imaging Application Infrared Sensing LCD backlighting Lighting In-vivo & in-vitro diagnostic Water soluble CFQD® quantum dots CFQD® quantum CFQD® quantum dots Technology Infrared Quantum Dots CFQD®
Slide 6: Nano-materials – A Game Changing Opportunity
NANO-MATERIALS – A GAME CHANGING OPPORTUNITY WHY NANOCO QUANTUM DOTS? APPLICATIONS • Nano-materials dramatically improve the performance of Autonomous Vehicles devices in which they are incorporated • LIDAR • Nano-material development is a core competency of • Infra-red sensing Nanoco • Human – car
Slide 7: Deep and Strengthening Relationship with U.S. Strategic Partner
DEEP AND STRENGTHENING RELATIONSHIP WITH U.S. STRATEGIC PARTNER February 18 – Material Development and Supply Agreement signed with US Company March 18 – Runcorn nano-materials manufacturing expansion commences April 18 – 2nd Contract signed with US Company May 18 – Milestone achieved with associate
Slide 8: Well-Positioned to Address the Display Market
WELL-POSITIONED TO ADDRESS THE DISPLAY MARKET LARGE AND GROWING MARKET THE NANOCO ADVANTAGE Cadmium free quantum dots are RoHS Quantum Dot Display Market compliant $5 ($ in billions) Improved color saturation, color gamut and accuracy vs phosphors and OLED $4 Energy efficient Fits within exi
Slide 9: However, QD Adoption in Display Has Been Slower Than Anticipated
HOWEVER, QD ADOPTION IN DISPLAY HAS BEEN SLOWER THAN ANTICIPATED • Protracted RoHS ruling has allowed cadmium QD to persist, especially in China o October 2019 – cadmium exemption ends in Europe o China currently using cadmium QD for local Chinese market, exploring CFQD for export to Western markets
Slide 10: Continuous Innovation Critical to Success
CONTINUOUS INNOVATION CRITICAL TO SUCCESS • Nanoco has led the development of CFQD technology with rapid improvements in quality, performance, yield • New generations of QD enabled displays such as hybrid OLED / QD displays entering the market • Continuous • QD / OLED hybrid displays • EL QD improve
Slide 11: Multi-Channel Strategy for Display
MULTI-CHANNEL STRATEGY FOR DISPLAY Working with non-exclusive licensees to serve display customers worldwide Nanoco Runcorn • Focus on 2nd & 3rd generation QD Production • Dow focused on large OEMs display tech • Nanoco supplying CFQD® quantum • Nanoco supporting with technology dots to Merck • Supp
Slide 12: Quantum Dots for Horticulture Lighting
QUANTUM DOTS FOR HORTICULTURE LIGHTING AN ATTRACTIVE MARKET OPPORTUNITY Why quantum dots? • The horticultural lighting market is forecast to grow from $3.8bn in 2017 to $17.0bn in 2027 due to o Growing populations o Increased awareness of environmentally- friendly farming practices o Urbanization •
Slide 13: Quantum Dots in Healthcare
QUANTUM DOTS IN HEALTHCARE AN ATTRACTIVE MARKET OPPORTUNITY APPLICATIONS Why quantum dots? • The need for increased information in healthcare is driving adoption of quantum dots for diagnosis, prognosis, and treatment in medicine • Quantum dots have distinct advantages over organic dyes and fluoresc
Slide 14: Nanoco Financial Summary
NANOCO FINANCIAL SUMMARY Wall Street Consensus Financial Projections (£mm) RAMPING FINANCIAL PROFILE • Key revenue driver in short term from nano- £59.9 materials for U.S. strategic partner o Growing pipeline of commercial opportunities will support revenue in FY19, around double that of FY18 £38.0
Slide 15: Summary
SUMMARY The Leader in Cadmium- Free Quantum Dot Technology Platform Technology Highly Experienced Addressing Diverse, Management and Large, and Rapidly Technical Team Growing Market Opportunities Strong Customer Volume Production Traction Large and Defensible Intellectual Property Portfolio (~700 Pa
Slide 16: Appendix
APPENDIX
Slide 17: What is a Quantum Dot?
WHAT IS A QUANTUM DOT? • Tiny particles of a fluorescent semiconductor material • 1 to 10 nanometers in diameter • Size of the quantum dot determines the spectrum of light emitted • Smaller = blue; larger = red • Quantum dots can also be tuned to light beyond visible light into the Infra- red or ult
Slide 18: RoHS Update
ROHS UPDATE • The European Commission (EC) revised the RoHS exemption last year so that it immediately ceased for lighting and will end on 31st October 2019 for display products, after which the normal RoHS limit of 100ppm will apply • The exemption is subject to a final review by the EC as one Euro
Slide 19: Leadership Team
LEADERSHIP TEAM Dr Christopher Richards • CEO, Non-Executive chairman, Arysta LifeSciences Non-Executive Chairman • 20 years of increasing management roles at Syngenta • Executive chairman of Plant Health Care • NED of Origin Enterprises plc Dr Michael Edelman • Led spin-out of Nanoco from Universit
Slide 20: Shareholder Analysis (as at 31 October 2018)
SHAREHOLDER ANALYSIS (AS AT 31 OCTOBER 2018) Name Shareholding Percentage Lombard Odier 51,527,660 18.02% Hargreaves Lansdown Asset Management 24,452,640 8.55% M&G Investment Management 20,854,357 7.29% Miton 16,735,185 5.85% Baillie Gifford & Co 15,787,825 5.52% Dr Nigel Pickett (CTO) 11,112,347 3.
Slide 21: Nanoco Group PLC contact details
Nanoco Group PLC 46 Grafton Street, Manchester, M13 9NT, United Kingdom, Tel: +44 161 603 7900 | Fax: +44 161 603 7901 info@nanocotechnologies.com www.nanocogroup.com COPYRIGHT NANOCO 20
Nanoco Group — 21st Annual Needham Growth Conference 2019 on 6ix