Nanoco Group PLC

Notification of Transactions by Directors/PDMRs

Published on 23/11/2016

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
Michael Edelman, Chief Executive Officer
David Blain, Chief Financial Officer
Tel: +44 (0) 161 603 7900

Caroline Watson, Investor Relations Manager
cwatson@nanocotechnologies.com
Tel: + 44 (0) 7799 897357

Peel Hunt
Adrian Trimmings
George Sellar
Tel: +44 (0) 20 7418 8900

Buchanan
Mark Court / Sophie Cowles / Stephanie Watson
Tel: +44 (0) 20 7466 5000

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.