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On 15 January 2026, Nanoco Group PLC confirmed the receipt of $4.5 million in settlement proceeds from LG Electronics Inc. and LG Electronics U.S.A., Inc. This payment is part of a gross agreed settlement of $5 million, with 10% withheld at source for tax liabilities. The full $5 million gross amount will be recognised as revenue in the current financial year.
| Date | 15 Jan 2026 |
| Time | 13:08:39 |
| Category | Miscellaneous |
| ID | 1064P |
FOR IMMEDIATE RELEASE 15 January 2026
Nanoco Group PLC
("Nanoco", the "Group", or the "Company")
Receipt of Litigation Proceeds
Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, confirms that it has today received the settlement amount of $4.5m from LG Electronics Inc. and LG Electronics U.S.A., Inc. (the "Parties").
As detailed in the announcement dated 20 November 2025, the gross amount agreed between the Company and the Parties was $5m, and 10% of this has been withheld at source in order to satisfy relevant tax liabilities. The gross amount of $5m will be wholly recognised as revenue in the current financial year.
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Nanoco Group plc:
Dmitry Shashkov, CEO +44 (0)1928 761 404
Liam Gray, CFO & Company Secretary
Sodali & Co (Public Relations)
Elly Williamson +44 (0)79 3535 1934
Pete Lambie
Oliver Banks
Cavendish Capital Markets Limited (Financial Adviser and Corporate Broker):
Ed Frisby / George Lawson (Corporate Finance) +44 (0) 20 7220 0500
Tim Redfern (Corporate Broking)
Jasper Berry (Sales)
CDX Advisors (Financial Adviser):
Steven Foland +1 415 425 2224
Steve Month
Patrick Foley
Notes for editors:
About Nanoco Group plc
Nanoco (LSE: NANO) is a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform. In particular, Nanoco is a nanomaterial production and licensing group, specialising in the production of its patented cadmium free quantum dots (CFQD® materials) and other patented nanomaterials for use in the electronics industries. Founded in 2001 and headquartered in Runcorn, UK, Nanoco continues to build out a world-class, patent-protected IP portfolio alongside its existing scaled up production facilities for commercial orders.
Nanomaterials are materials with dimensions typically in the range 1 - 100 nm. Nanomaterials have a range of useful properties, including optical and electronic. Quantum dots are a subclass of nanomaterial that have size-dependent optical and electronic properties. 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 Sensor, Electronics and Display markets. 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, rendering them useful for a wide range of display applications. Nanoco's HEATWAVE® quantum dots can be tuned to absorb light at different wavelengths across the near-infrared spectra, rendering them useful for applications including cameras and image sensors.
Nanoco is listed on the Main Market of the London Stock Exchange, holds the LSE's Green Economy Mark, and trades under the ticker symbol NANO. For further information please visit: www.nanocotechnologies.com