Nanoco Group plc·Technology

Shares in Nanoco Group PLC (LSE:NANO) fell 21% to 6.8p after the quantum dot maker chose not to pursue a sale of its operating assets and intellectual property. The company will instead focus on delivering value by investing in its existing business lines while reducing operating costs.

Nanoco Group plc (NNOCF) Shareholder/Analyst Call Prepared Remarks Transcript
Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of novel nanomaterials for use in various commercial applications. The company offers CFQD quantum dots consisting of fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; HEATWAVE quantum dots to use in the sensor industry; and VIVODOTS nanoparticles for medical and veterinary applications. It has operations in the United Kingdom, Japan, Singapore, Holland, France, Taiwan, Canada, Saudi Arabia, and the United States. The company was formerly known as Evolutec Group plc and changed its name to Nanoco Group plc in April 2009. Nanoco Group plc was founded in 2001 and is based in Runcorn, the United Kingdom.
Technology
Semiconductors
47
2017-08-16
0.03