For immediate release |
1 October 2014 |
NANOCO GROUP PLC
("Nanoco" or "the Company")
Appointment of Chief Operating Officer
Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, announces the appointment of Keith Wiggins in the newly created role of Chief Operating Officer. Keith joins the Company, and Nanoco's Board, with immediate effect.
Keith is a highly experienced chemicals industry executive. He began his career with ICI, working in R&D and manufacturing, before joining The Dow Chemical Company ("Dow") in 1989 as a sales manager in its London office. He went on to lead progressively bigger and more complex specialty chemical businesses around the world. He lived in Switzerland and the USA before returning to the UK in 2006 as Managing Director Dow UK, Ireland & Nordic. He held this position until 2013 and, from 2006 to 2011, he was concurrently CEO-Global Business Director of Haltermann, a specialty chemicals subsidiary of Dow.
Keith, who graduated in chemistry at Imperial College, London, is an Honorary Fellow of the Royal Society of Chemistry. He has held a number of industry offices including President of the Chemical Industries Association between 2011 and 2013.
Keith will be based at Nanoco's headquarters in Manchester and will be responsible for the operational management of the Company including key customer relationships and a focus on building Nanoco's other strategic businesses in LED lighting, solar and bio-imaging.
Michael Edelman, Nanoco's Chief Executive Officer, said: "I'm delighted to welcome Keith Wiggins to Nanoco, and to Nanoco's Board, as Chief Operating Officer. Keith is a highly experienced industry executive with an excellent track record gained at Dow. His appointment reflects the significant progress being made at Nanoco and the Board's commitment to managing the Company's growth successfully."
The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies. Keith Alan Wiggins, age 50 years, has been a director of the following companies during the five years preceding the date of this announcement:
Current directorships |
Past directorships |
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Wyfold Limited |
Chemoxy International Limited |
Rohm and Haas Europe Trading APS |
Dow Agrosciences Limited |
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Dow Chemical Company Limited |
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Dow Limited |
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Dow Trent Limited |
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Dow UK Limited |
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Dow UK Pension Trustees Limited |
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Haltermann Pension Trustees Limited |
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Chemical Industries Association Limited |
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Hyperlast Limited |
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Xitrack Limited |
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Styron UK Limited |
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Dow Services Trustees UK Limited |
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Rohm and Haas (Scotland) Limited |
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Rohm and Haas (UK) Holdings Limited |
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Rohm and Haas (UK) Limited |
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Rohm and Haas Electronic Materials Europe Ltd |
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Rohm and Haas Electronic Materials Holdings (UK) Ltd |
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Rohm and Haas UK Investment Limited |
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Ascot Group Pension Trustee Limited |
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Dow (Wilton) Limited |
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Dowchemco Pension Trust Limited |
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Autothane Limited |
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Hypertec Print Services Ltd |
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ALH Rail Coatings Limited |
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Edulan U.K. Limited |
There is no further information to be disclosed pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.
For further information please contact:
Nanoco |
+ 44 (0) 161 603 7900 |
Michael Edelman, Chief Executive Officer |
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Colin White, Chief Financial Officer |
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Canaccord Genuity - Nomad and Joint Broker |
+44 (0) 20 7523 8000 |
Simon Bridges |
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Cameron Duncan |
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Liberum Capital - Joint Broker |
+44 (0) 20 3100 2000 |
Simon Atkinson |
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Richard Bootle |
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Buchanan |
+ 44 (0) 20 7466 5000 |
Mark Court / Fiona Henson / Sophie Cowles |
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Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nano-materials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, it has an exclusive manufacturing and marketing licensing agreement with The Dow Chemical Company.
Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development offices in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.
Nanoco began trading on the AIM market of the London Stock Exchange in May 2009 under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.
