Nanoco Group

The proxy adviser Glass Lewis advises shareholders to approve the proposal to delist Nanoco shares from the Official List and the Main Market. The general meeting to vote is set for 19 June 2026; at least 75% of votes are required to pass the resolution, and the proxy deadline ends on 17 June 2026. Nanoco says the planned withdrawal from the exchange is intended to cut costs and to invest remaining funds in the core business; after cancellation of the listing trading should remain possible via a "Matched Bargain Facility." » Más en de.investing.com

Nigel Pickett reduced his direct holding in Nanoco Group on June 3 to below 3% of the voting rights, from previously 3.83% to 4,697,975 voting rights, according to a mandatory notification (TR-1) filed at the London Stock Exchange. The reduction was effected by the disposal of voting rights; Pickett holds no additional instruments and, he says, is not in a position of control. » Más en de.investing.com

Nanoco has received a payment of $4.5 million as part of a settlement with LG Electronics and LG Electronics U.S.A., representing 90% of the gross amount of $5 million. Ten percent was withheld to cover tax liabilities. Nanoco intends to recognise the full gross amount of $5 million as revenue in the current financial year. No further details about the legal dispute were disclosed. » Más en de.investing.com