Nanoco Group PLC AGM Statement (6646B)

TIDMNANO

RNS Number : 6646B

Nanoco Group PLC

12 January 2018

12 Jan 2018

NANOCO GROUP PLC

("Nanoco" or "the Company")

AGM Statement

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, will hold its Annual General Meeting ("AGM") later this morning at its headquarters in Manchester.

Dr Chris Richards, Nanoco's Chairman, will make the following statement:

"Since we updated the market in mid-November with our preliminary results we have continued to make good progress in the commercialisation of our CFQD(R) nanoparticle technology. This was underlined by a successful CES in Las Vegas this week, which was attended by industry players, customers and the financial community and generated several leads for both TVs and monitor products.

"We demonstrated a number of TVs and monitors equipped with Nanoco product at CES and we also launched the next generation of NANOCO CFQD(R) FINE COLOR FILM(TM). This new film delivers outstanding levels of brightness and colour performance, as the industry progresses on the roadmap to DCI-P3 and BT.2020 standards and away from cadmium-based solutions."

"We are encouraged by the increasing number of Nanoco equipped display products moving through to commercial production with customers in Asia.

"With the benefit of a strengthened balance sheet, the progress being made with our go-to-market strategy in Display and the emerging opportunities in other markets, we look forward to the year ahead with confidence."

For further information, please contact:

 
 MHP Communications         Tel: [phone] 
                             8788 
 Reg Hoare / Andrew Leach 
  / Giles Robinson / Pete 
  Lambie 
 [e-mail] 
 

Notes for editors:

About Nanoco Group plc

Nanoco (LSE: NANO) harnesses the power of nanotechnology 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(R) quantum dots for multiple applications including LCD display, lighting, healthcare 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 12, 2018 02:00 ET (07:00 GMT)