TIDMNANO

RNS Number : 1775O

Nanoco Group PLC

15 May 2018

NANOCO GROUP PLC

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

Nanoco Group plc ("Nanoco" or the "Company") announces today that on 14 May 2018, Michael Edelman, Chief Executive Officer disposed of 1,700,000 Ordinary Shares at an average price of 42.2p in order to settle personal commitments and, on 9 May 2018, transferred 150,000 Ordinary Shares into a charitable donor advised fund at a value of 48.98p which subsequently sold the shares at the average price 44.47p. Following this disposal, Michael Edelman holds a beneficial interest of 3,124,350 Ordinary Shares in the Company representing 1.09% of the total issued share capital.

 
 1   Details of the person discharging managerial 
      responsibilities / person closely associated 
---  ------------------------------------------------------------------------------- 
(a)  Name                            Michael Edelman 
---  ------------------------------  ----------------------------------------------- 
2    Reason for the notification 
---  ------------------------------------------------------------------------------- 
(a)  Position/status                 Director (CEO) 
---  ------------------------------  ----------------------------------------------- 
(b)  Initial notification/Amendment  Initial notification 
---  ------------------------------  ----------------------------------------------- 
3    Details of the issuer, emission allowance 
      market participant, auction platform, auctioneer 
      or auction monitor 
---  ------------------------------------------------------------------------------- 
(a)  Name                            Nanoco Group plc 
---  ------------------------------  ----------------------------------------------- 
(b)  LEI                             213800HOSJEZO1KOCV33 
---  ------------------------------  ----------------------------------------------- 
 4   Details of the transaction(s) 
---  ------------------------------------------------------------------------------- 
(a)  Description of the              Ordinary shares of 10p 
      financial instrument,           each 
      type of instrument 
---  ------------------------------  ----------------------------------------------- 
     Identification code             ISIN: GB00B01JLR99 
---  ------------------------------  ----------------------------------------------- 
(b)  Nature of the transaction       Sale of shares 
---  ------------------------------  ----------------------------------------------- 
(c)  Price(s) and volume(s)           Date          Price(s)   Volume      Type 
 
                                        14/05/2018      42.0p   1,500,000       sale 
                                        14/05/2018      43.7p     200,000       sale 
 
                                        09/05/2018     48.98p     150,000   transfer 
 
                                        14/05/2018      43.0p      20,000       sale 
                                        14/05/2018      43.1p      10,000       sale 
                                        14/05/2018      43.2p       9,000       sale 
                                        14/05/2018     43.25p      21,295       sale 
                                        14/05/2018      43.3p       5,000       sale 
                                        14/05/2018     43.45p      20,099       sale 
                                        14/05/2018     43.65p       9,453       sale 
                                        14/05/2018      45.0p       6,058       sale 
                                        14/05/2018      45.9p      14,555       sale 
                                        14/05/2018     46.35p       5,000       sale 
                                        11/05/2018     46.45p      13,133       sale 
                                        11/05/2018      47.0p       3,349       sale 
                                        11/05/2018      48.0p       5,000       sale 
                                        10/05/2018     48.05p       7,293       sale 
                                        10/05/2018      48.1p         765       sale 
---  ------------------------------  ----------------------------------------------- 
(d)  Aggregated information 
---  ------------------------------  ----------------------------------------------- 
                                     Sale volume: 1,850,000 
       *    Aggregated volume         Ordinary shares 
                                      Average price: 42.38p 
 
                                      (excluding the transfer 
                                      of 150,000 ordinary shares 
                                      above) 
---  ------------------------------  ----------------------------------------------- 
(e)  Date of the transaction         As above 
---  ------------------------------  ----------------------------------------------- 
(f)  Place of the transaction        London Stock Exchange 
                                      (XLON); Main Market 
---  ------------------------------  ----------------------------------------------- 
 

The person responsible for arranging for the release of this announcement on behalf of the Company is David Blain, Chief Financial Officer.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 15, 2018 10:58 ET (14:58 GMT)

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