LSE:NANO
FTSE Fledgling
Nanoco Group PLC
Technology Hardware and Equipment
2.92p 0.08p 2.82% (as of close on 29/5/26)
| Market cap (m) | £5.3 |
| Enterprise value (m) | £-7.4 |
Nanoco Group PLC is a UK-based company which is engaged in research, development, and manufacturing of heavy-metal-free quantum dots and semiconductor nanoparticles. Its products include CFQD quantum dots, Heatwave quantum dots, and nanoparticles which offer the potential for display, lighting, solar and biological imaging applications. The company's revenue comes from joint development agreements, individual project development programs and the sale of quantum dot products. Geographically, the company generates majority of its revenue from its business in South Korea and also has its presence in Taiwan, France, United States, United Kingdom, Japan and other countries.
Last Updated: 28/05/2026
Nanoco announced plans to cancel its London listing and seek shareholder approval, citing anticipated cost reductions. This follows a strategic review after a prolonged sale process that concluded without a transaction. The review, led by CDX Advisors, involved advanced discussions with potential counterparties but produced no firm offer.
The company outlined cost-saving actions; Chief Executive Dmitry Shashkov departed in February. It said it is not experiencing financial difficulty and reported a cash balance as of May 19. Nanoco entered a joint development agreement with another Asian chemical customer, extended an existing agreement, and settled litigation with LG Electronics and Shoei. It expects to re-register as a private company following cancellation, with a shareholder meeting scheduled in June.
