Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, today announces that Keith Wiggins has informed the Company that he intends to step down from his position as Chief Operating Officer and from the Board, to pursue other business interests.
Keith will leave the Board with immediate effect however he will stay with the business for an orderly handover.
Chris Richards, Non Executive Chairman of Nanoco, said:
“On behalf of the Board, I would like to thank Keith for his contribution to Nanoco over the past four years. His experienced counsel to the Board, as well as his leadership as an Executive, has been greatly appreciated and contributed significantly to the progress of the Company. We wish Keith every success for his future endeavours.
The Board is evaluating internal structures and responsibilities in the light of Keith’s announcement and will conclude its deliberations in the near future.”
For further information, please contact:
Tel: +44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
Chris Richards, Non-Executive Chairman
Caroline Watson, Investor Relations Manager
Tel: + 44 (0) 7799 897357
Tel: +44 (0) 20 3128 8570
Reg Hoare / Giles Robinson / Pete Lambie
Notes for editors:
About Nanoco Group plc
Nanoco (LSE: NANO) harnesses the power of nano-technology to create a brighter, more sustainable future. Based on breakthrough science, Nanoco’s proprietary manufacturing process enables the large-scale production of its cadmium-free CFQD® quantum dots for multiple applications including LCD display, lighting, healthcare, nano-materials and solar.
Nanoco has non-exclusive manufacturing and marketing licensing agreements in display with The Dow Chemical Company, Merck KGaA of Germany and Wah Hong Industrial Corporation of Taiwan.
Nanoco was founded in 2001 and is headquartered in Manchester, UK, with a US subsidiary, Nanoco Inc., in Concord, MA. Nanoco continues to build out a world-class, patent-protected IP portfolio generated both by its own innovation engine, as well as through acquisition.
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.