Nanoco’s £20m launch on main market

TRADING on the main LSE market in shares of Manchester-based Nanoco Group started at 8am today.
The company, a specialist in the development and manufacture of cadmium-free quantum dots and other nanomaterials, issued 19,047,619 new ordinary shares at a price of 105 pence each, raising  £20m.

Nanoco, which also has a manufacturing facility at The Heath in Runcorn, says the net proceeds of the Placing of £18.65m will enable Nanoco to fund its expansion strategy of accelerated research, development and comm... For the full story register now for free or login below...