Nanoco Group announces results of Tender Offer and Share Buyback Programme

Nanoco Group plc (LON:NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, has announced the results of the Tender Offer to return up to £30.0 million to Shareholders, as set out in the shareholder circular published by the Company on 11 March 2024, which closed on 9 April 2024.

Results of the Tender Offer

In total, 160,535,377 Ordinary Shares, being approximately 49.5 per cent. of the Issued Share Capital were validly tendered under the Tender Offer as at 6:00 p.m. on 9 April 2024 (the “Record Date”), meaning that the Tender Offer was oversubscribed. Tenders will therefore be accepted in full from Shareholders who validly tendered a number of Ordinary Shares equal to or less than their Basic Entitlement or those holders of 2,000 Ordinary Shares or less, irrespective of the proportion tendered. Following a scale back exercise, tenders in excess of the Basic Entitlement will be satisfied to the extent of the Basic Entitlement plus approximately 49.6 per cent. of the excess Shares tendered.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Nanoco Group PLC

More articles like this

Nanoco Group PLC

The transformative power of quantum mechanics

Quantum mechanics, the study of the very small, has captivated and challenged scientists since its inception. Unlike classical physics, which deals with predictable phenomena, quantum mechanics is known for its counterintuitive principles, such as superposition and

Nanoco Group PLC

Quantum Dots in Digital Imaging and Display Technologies

In the ever-evolving realm of digital imaging and display technologies, Quantum Dots (QD) have emerged as a revolutionary advancement. These nanoscale semiconductor particles exhibit unique optical and electronic properties that significantly enhance colour purity, brightness, and

Nanoco Group PLC

Quantum Dots revolutionising display technology

The advent of quantum dots in display technology has led to the development of high-quality prototypes by established tech companies like Samsung, Sharp, and TCL. These semiconductor nanocrystals, ranging from 2 to 10 nanometres in size,

Nanoco Group PLC

The fascinating world of Quantum Dots

Quantum dots (QDs) are artificial nanostructures, specifically semiconductor nanocrystals, that exhibit quantum mechanical behaviour. These unique properties stem from their size, shape, composition, and structure. Discovered by Russian physicist Alexey I. Ekimov in 1981, quantum dots

Nanoco Group PLC

Quantum Dots and their impact on cutting-edge technology

Quantum dots (QDs) are semiconductor nanocrystals ranging from 2-10 nanometers (10-50 atoms) in size, exhibiting size-tunable features. Due to their nanoscale dimensions, they display quantum confinement effects, leading to remarkable optical and electrical characteristics. These features

Nanoco Group PLC

Quantum Dots’ progress and applications in modern technology

Quantum dots (QDs), first conceptualised as “artificial atoms,” are semiconductor nanocrystals exhibiting quantum size effects in their optical and electronic properties. These nanometer-sized materials possess tunable and efficient photoluminescence (PL), narrow emission, and photochemical stability. Today,

Nanoco Group PLC

Quantum Dots are transforming the future of imaging

Quantum dots (QDs) represent a groundbreaking advancement in the field of nanotechnology, particularly within the realm of imaging. These nanoscale semiconductor particles, typically ranging between 2 to 10 nanometres in diameter, possess unique optical and electronic

Nanoco Group PLC

Transformative Nanotechnology for advanced applications

Quantum dots (QDs) are man-made semiconductor nanocrystals with unique optical and electronic properties. They can transport electrons and emit light in various colours, depending on their size and structure. The first QDs were developed in 1981

Nanoco Group PLC

Exploring QLEDs and their advancements

Quantum dot light-emitting diodes, or QLEDs, have emerged as a leading player in display technology. They offer a range of benefits, including richer colors, improved brightness, and energy efficiency. With its superior visual quality and performance,

Nanoco Group PLC

Unlocking the potential of Quantum Dots

Understanding Quantum Dots A quantum dot’s uniqueness stems from the confined space within which its electrons operate. In this constrained environment, the laws of quantum mechanics come into play, unveiling a myriad of peculiar effects that would otherwise