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Share Name Share Symbol Market Type Share ISIN Share Description
Nanoco Group Plc LSE:NANO London Ordinary Share GB00B01JLR99 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -1.02% 19.40 18.70 19.00 19.00 18.10 19.00 99,318 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 3.9 -6.0 -1.8 - 59

Nanoco Shares Rise on Favorable Court Report

12/05/2021 9:10am

Dow Jones News


Nanoco (LSE:NANO)
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From Apr 2021 to Jul 2021

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By Matteo Castia

 

Shares in Nanoco Group PLC rose Wednesday after the company said that a Texas court has issued a report in which it upholds Nanoco's views regarding most phrases and interpretations in the company's patent litigation against Samsung.

The U.K. nanomaterials group said the judge rejected four of the five constructions proposed by Samsung and rejected one of the constructions proposed by Nanoco.

"In four of the five patents in the case, Nanoco's constructions were upheld and in the fifth patent Nanoco and Samsung each had one construction upheld," the company said.

In February 2020, the company filed a patent infringement lawsuit against various Samsung entities in the U.S. District Court for the Eastern District of Texas.

Shares at 0730 GMT were up 3.35 pence, or 13%, at 29.00 pence.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

May 12, 2021 03:55 ET (07:55 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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