Nanoco Group PLC Directorate Changes (5251S)
March 12 2019 - 3:02AM
UK Regulatory
TIDMNANO
RNS Number : 5251S
Nanoco Group PLC
12 March 2019
12 March 2019
NANOCO GROUP PLC
("Nanoco", the "Company" or the "Group")
Directorate Changes
Nanoco Group plc (LSE: NANO), a world leader in the development
and manufacture of cadmium-free quantum dots and other specific
nanomaterials emanating from our technology platform, announces the
following changes to the membership of the Board.
Brendan Cummins, Non-Executive Director and Chair of the
Remuneration Committee, has announced that he wishes to step down
from the Board to focus on other commitments which he has recently
taken up, particularly in the area of social enterprise.
Dr Alison Fielding has indicated her wish to take over Brendan's
responsibility as Chair of the Remuneration Committee, remaining as
a member of the Audit Committee and the Nominations Committee.
Alison will also assume Brendan's responsibilities as Senior
Independent Director
The Company is pleased to announce the appointment of
Christopher Batterham to the Board as a Non-Executive Director and
Chair of the Audit Committee. Chris will also be a member of the
Remuneration Committee and the Nominations Committee.
Chris has considerable financial and operational experience. He
qualified as a chartered accountant with Arthur Andersen LLP in
1979 and became the finance director of Unipalm Group plc, from
1996 to 2001. He then went on to become CFO of Searchspace Group
Limited from 2001 until 2005. Chris is currently a Non-Executive
Director of Blue Prism Group plc and NCC Group plc. Chris holds a
Natural Sciences degree from Cambridge University.
Chris Batterham will join the Board on 1 April 2019 and the
other Board changes noted above will take effect from 19 April
2019.
Dr Christopher Richards, Chairman, said:
"We are delighted to be joined by Chris who brings a wealth of
commercial, financial and operational experience across a range of
high growth technology sectors which will be highly relevant to
Nanoco in the years ahead. His appointment adds to the breadth of
skills and abilities of the Board as we move forward to commercial
success. His extensive public company Board experience will also
reinforce Nanoco's continued commitment to governance.
The Board would like to thank Brendan for his wise counsel and
commitment to the Group over the last four years. We wish him well
in the years ahead."
Disclosures required pursuant to Listing Rule 9.6.13
In addition to those companies listed above Chris Batterham has,
in the last five years, held directorships in the following
publicly quoted companies:
Office2Office Limited (formerly Office2Office 2008 - 2014
plc)
Iomart Group plc 2005 - 2016
------------
Eckoh plc 2009 - 2017
------------
SDL International PLC 1999 - 2017
------------
Frontier Smart Technologies Group Limited 2012 - 2018
------------
Chris was a director of Manchester Racing Limited at the time it
entered into a members' voluntary liquidation in 2003 and was a
director of the Mediawave Group Limited when it went into
administration and compulsory liquidation in 2003. Chris resigned
as director of Conclusive Logic Limited in November 2001, which
entered into a creditors' voluntary liquidation in March 2002.
For further information, please contact:
Nanoco Tel: +44 (0) 161 603 7900
Michael Edelman, Chief Executive
Officer
Brian Tenner, Chief Financial Officer
Caroline Watson, Investor Relations Tel: + 44 (0) 7799 897357
Manager
cwatson@nanocotechnologies.com
MHP Communications Tel: +44 (0) 20 3128 8570
Reg Hoare / Giles Robinson / Pete
Lambie
nanoco@mhpc.com
Notes for editors:
Nanoco (LSE: NANO) harnesses the power of nano-materials.
Nano-materials are materials with dimensions typically in the range
1 - 100 nm. Nano-materials have a range of useful properties,
including optical and electronic. Quantum dots are a subclass of
nano-material that have size-dependent optical and electronic
properties. The Group produces quantum dots. Within the sphere of
quantum dots, the Group exploits different characteristics of the
quantum dots to target different performance criteria that are
attractive to specific markets or end-user applications such as the
Display and Electronics markets. One of the interesting properties
of quantum dots is photoluminescence: the emission of longer
wavelength light upon excitation by light of a shorter wavelength.
The colour of light emitted depends on the particle size. Nanoco's
CFQD(R) quantum dots are free of cadmium and other toxic heavy
metals, and can be tuned to emit light at different wavelengths
across the visible and infrared spectrum, rendering them useful for
a wide range of applications including displays, lighting and
biological imaging.
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 news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAXFLLFKXFFBBD
(END) Dow Jones Newswires
March 12, 2019 03:02 ET (07:02 GMT)
Nanoco (LSE:NANO)
Historical Stock Chart
From May 2024 to Jun 2024
Nanoco (LSE:NANO)
Historical Stock Chart
From Jun 2023 to Jun 2024