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... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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