For immediate release |
23 November 2016 |
NANOCO GROUP PLC
("Nanoco" or the "Company")
NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
On 22 November 2016 Nanoco Group plc ("Nanoco") granted nil-cost options over ordinary shares in the Company ("Shares") under the Nanoco Group 2015 Long Term Incentive Plan (the "LTIP") to the directors and other persons discharging managerial responsibilities ("PDMRs") as noted below.
As set out in the Company's Annual Report, the vesting of the options is subject to the achievement of performance conditions based upon share price growth and revenue targets over the three year performance period commencing with Nanoco's 2016/2017 financial year. Ordinarily, the options will vest (subject to the achievement of the performance conditions) following the announcement of Nanoco's results for its 2018/2019 financial year and will be released to the participants following the end of a two year holding period.
Name of Director |
Number of Shares subject to Option |
Michael Edelman |
841,145 |
Nigel Pickett |
505,164 |
Keith Wiggins |
717,896 |
David Blain |
690,913 |
Name of PDMR (not being a director) |
Number of Shares subject to Option |
|
Brian Gally |
104,433 |
|
Caroline Watson |
66,563 |
|
Andrew Gooda |
79,337 |
|
LTIPs were also granted to Nanoco employees who are neither directors nor PDMRs.
On 22 November 2016 Nanoco granted nil-cost options under the Nanoco 2015 Deferred Bonus Plan to the directors and PDMRs as noted below:
Name of Director/PDMR |
Number of Shares subject to Option |
Michael Edelman |
108,181 |
Nigel Pickett |
66,576 |
Keith Wiggins |
74,408 |
David Blain |
69,794 |
Brian Gally |
21,713 |
Ordinarily, the options will vest following the announcement of Nanoco's results for its 2017/2018 financial year.
For further information, please contact:
Nanoco |
Tel: +44 (0) 161 603 7900 |
Michael Edelman, Chief Executive Officer |
|
David Blain, Chief Financial Officer |
|
Caroline Watson, Investor Relations Manager |
Tel: + 44 (0) 7799 897357 |
[email protected] |
|
|
|
Peel Hunt |
Tel: +44 (0) 20 7418 8900 |
Adrian Trimmings |
|
George Sellar |
|
|
|
Buchanan |
Tel: +44 (0) 20 7466 5000 |
Mark Court / Sophie Cowles / Stephanie Watson |
|
Notes for editors:
About Nanoco Group plc
Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, Nanoco has a non-exclusive manufacturing and marketing licensing agreements with The Dow Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial Corporation. Nanoco also has a strategy of direct sales in display and in its other target markets, including lighting.
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 executives in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.
Nanoco is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocogroup.com.
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
MICHAEL EDELMAN |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF EXECUTIVE OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
841,145 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
MICHAEL EDELMAN |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF EXECUTIVE OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
108,181 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
DR NIGEL PICKETT |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF TECHNICAL OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
505,164 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
DR NIGEL PICKETT |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF TECHNICAL OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
66,576 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
KEITH WIGGINS |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF OPERATING OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
717,896 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
KEITH WIGGINS |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF OPERATING OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
74,408 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
DAVID BLAIN |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF FINANCIAL OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
690,913 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
DAVID BLAIN |
2. |
Reason for the notification |
a) |
Position /status |
CHIEF FINANCIAL OFFICER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
69,794 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
BRIAN GALLY |
2. |
Reason for the notification |
a) |
Position /status |
PRODUCT AND LIGHTING BUSINESS DIRECTOR, NANOCO TECHNOLOGIES |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
104,433 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
BRIAN GALLY |
2. |
Reason for the notification |
a) |
Position /status |
PRODUCT AND LIGHTING BUSINESS DIRECTOR, NANOCO TECHNOLOGIES |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
21,713 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
CAROLINE WATSON |
2. |
Reason for the notification |
a) |
Position /status |
IR MANAGER |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
66,563 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
Notification of Dealing Form
1. |
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") |
a) |
Name |
ANDREW GOODA |
2. |
Reason for the notification |
a) |
Position /status |
SUPPLY CHAIN AND COMPLIANCE DIRECTOR, NANOCO TECHNOLOGIES |
b) |
Initial notification / amendment |
INITIAL NOTIFICATION |
3. |
Details of the Issuer |
a) |
Name |
NANOCO GROUP PLC |
b) |
LEI code |
England & Wales Company Number: 05067291 |
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument Identification code |
ORDINARY SHARES OF 1O PENCE EACH |
ISIN: GB00B01JLR99 |
b) |
Nature of the transaction |
GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil cost |
79,337 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
e) |
Date of the transaction |
22 NOVEMBER 2016 |
f) |
Place of the transaction |
OUTSIDE A TRADING VENUE |
