NANOCO GROUP PLC — Director's Dealing 2018

May 15, 2018

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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 financial instrument, type of instrument

Ordinary shares of 10p each

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

·             Aggregated volume

Sale volume:  1,850,000 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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