Business
Intention to adjourn General Meeting
Nanoco Group PLC intends to adjourn its General Meeting scheduled for June 19, 2026, which was originally convened to seek shareholder approval for the cancellation of its Ordinary Shares from the Official List and trading on the London Stock Exchange. The Board acknowledges shareholder concerns regarding potential lack of liquidity post-delisting and recognizes that the resolutions are unlikely to achieve the required 75% approval. This adjournment will allow for further dialogue with shareholders and exploration of alternative options, as the Board still believes delisting is in shareholders' best interests. Disclaimer*
About this update from Nanoco Group Plc
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU) AS THE SAME HAS BEEN RETAINED IN UK LAW AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). FOR IMMEDIATE RELEASE 18 June 2026 Nanoco Group PLC ("Nanoco" or the "Company") Intention to adjourn General Meeting On 27 May 2026, the Board of Nanoco issued a Circular and Notice of General Meeting convening a General Meeting to be held at 10.30 a.m. on Friday 19th June 2026 in order to seek shareholder approval for the proposed cancellation of the Ordinary Shares from the Official List, and from admission to trading on the main market for listed securities of the London Stock Exchange. As outlined in full on 27 May 2026, and as detailed in the Circular, the Board believes that by taking further measures to reduce the Company's operating costs and carefully investing its remaining resources in existing high-potential business areas, greater value can be generated for Shareholders. The Board have engaged extensively in dialogue with the Company's shareholder base, noting in particular the concerns around the potential lack of liquidity that would result were the Company's shares to be delisted. The Board continues to believe that a delisting would be in the best interests of all shareholders but recognises that the resolutions are unlikely to meet the required approval threshold of 75% of votes cast by shareholders at the General Meeting. It is therefore the Board's intention to propose the adjournment of the General Meeting to explore further options and allow for further constructive engagement and dialogue with shareholders. Unless otherwise defined herein, the capitalised terms used in this announcement have the same meaning as those used in the Company's announcement released on 27 May 2026. - Ends MAR The information contained within this announcement is considered by the Company to contain inside information for the purposes of UK MAR. Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of Nanoco is Liam Gray, Interim Chief Executive Officer. Nanoco Gr...