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NANOCO GROUP PLC Remuneration Information 2016

Nov 23, 2016

4931_dirs_2016-11-23_cd19bacc-f5de-4e97-abd6-eec88ecde957.html

Remuneration Information

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RNS Number : 8884P

Nanoco Group PLC

23 November 2016

For immediate release 23 November 2016

NANOCO GROUP PLC

("Nanoco" or the "Company") 

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

On 22 November 2016 Nanoco Group plc ("Nanoco") granted nil-cost options over ordinary shares in the Company ("Shares") under the Nanoco Group 2015 Long Term Incentive Plan (the "LTIP") to the directors and other persons discharging managerial responsibilities ("PDMRs") as noted below.

As set out in the Company's Annual Report, the vesting of the options is subject to the achievement of performance conditions based upon share price growth and revenue targets over the three year performance period commencing with Nanoco's 2016/2017 financial year. Ordinarily, the options will vest (subject to the achievement of the performance conditions) following the announcement of Nanoco's results for its 2018/2019 financial year and will be released to the participants following the end of a two year holding period.

Name of

Director
Number of Shares

subject to Option
Michael Edelman 841,145
Nigel Pickett 505,164
Keith Wiggins 717,896
David Blain 690,913
Name of PDMR (not being a director) Number of Shares

subject to Option
Brian Gally 104,433
Caroline Watson 66,563
Andrew Gooda 79,337

LTIPs were also granted to Nanoco employees who are neither directors nor PDMRs.

On 22 November 2016 Nanoco granted nil-cost options under the Nanoco 2015 Deferred Bonus Plan to the directors and PDMRs as noted below:

Name of Director/PDMR Number of Shares

subject to Option
Michael Edelman 108,181
Nigel Pickett 66,576
Keith Wiggins 74,408
David Blain 69,794
Brian Gally 21,713

Ordinarily, the options will vest following the announcement of Nanoco's results for its 2017/2018 financial year.

For further information, please contact:

Nanoco Tel: +44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
David Blain, Chief Financial Officer
Caroline Watson, Investor Relations Manager Tel: + 44 (0) 7799 897357
[email protected]
Peel Hunt Tel: +44 (0) 20 7418 8900
Adrian Trimmings
George Sellar
Buchanan Tel: +44 (0) 20 7466 5000
Mark Court / Sophie Cowles / Stephanie Watson

Notes for editors:

About Nanoco Group plc

Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, Nanoco has a non-exclusive manufacturing and marketing licensing agreements with The Dow Chemical Company, Merck KGaA and Taiwan's Wah Hong Industrial Corporation. Nanoco also has a strategy of direct sales in display and in its other target markets, including lighting.

Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.

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.

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

MICHAEL EDELMAN

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 841,145

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

MICHAEL EDELMAN

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 108,181

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

DR NIGEL PICKETT

2.

Reason for the notification

a)

Position /status

CHIEF TECHNICAL OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 505,164

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

DR NIGEL PICKETT

2.

Reason for the notification

a)

Position /status

CHIEF TECHNICAL OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 66,576

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

KEITH WIGGINS

2.

Reason for the notification

a)

Position /status

CHIEF OPERATING OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 717,896

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

KEITH WIGGINS

2.

Reason for the notification

a)

Position /status

CHIEF OPERATING OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 74,408

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

DAVID BLAIN

2.

Reason for the notification

a)

Position /status

CHIEF FINANCIAL OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 690,913

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

DAVID BLAIN

2.

Reason for the notification

a)

Position /status

CHIEF FINANCIAL OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 69,794

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

BRIAN GALLY

2.

Reason for the notification

a)

Position /status

PRODUCT AND LIGHTING BUSINESS DIRECTOR, NANOCO TECHNOLOGIES 

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 104,433

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

BRIAN GALLY

2.

Reason for the notification

a)

Position /status

PRODUCT AND LIGHTING BUSINESS DIRECTOR, NANOCO TECHNOLOGIES     

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 DEFERRED BONUS PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 21,713

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

CAROLINE WATSON

2.

Reason for the notification

a)

Position /status

IR MANAGER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 66,563

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

ANDREW GOODA

2.

Reason for the notification

a)

Position /status

SUPPLY CHAIN AND COMPLIANCE DIRECTOR, NANOCO TECHNOLOGIES

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

England & Wales Company Number: 05067291

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

GRANT OF AN OPTION OVER ORDINARY SHARES UNDER THE NANOCO 2015 LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 79,337

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

22 NOVEMBER 2016

f)

Place of the transaction

OUTSIDE A TRADING VENUE

This information is provided by RNS

The company news service from the London Stock Exchange

END

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