Nanoco Group (NANO)

Sector:

IT Hardware

Index:

FTSE Fledgling

19.35p
   
  • Change Today:
      0.41p
  • 52 Week High: 23.40
  • 52 Week Low: 15.60
  • Currency: UK Pounds
  • Shares Issued: 194.37m
  • Volume: 637,169
  • Market Cap: £37.61m
  • Beta: 0.01

Nanoco reaches no fault settlement in Samsung litigation

By Iain Gilbert

Date: Friday 06 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Nanomaterials manufacturer Nanoco Group has agreed to a term sheet for a no fault settlement with tech giant Samsung regarding the current IP infringement litigation between the two.
Nanoco said on Friday that it and Samsung had jointly requested a stay to a trial scheduled to commence on 6 January in order to allow detailed terms of a binding agreement to be finalised.

The London-listed company expects to issue a further update upon completion of a final binding agreement between the pair within the next 30 days.

A pre-trial conference got underway in Texas back in August 2022, with Nanoco accusing Samsung of "willful infringement" of its intellectual property.

As of 0850 GMT, Nanoco shares had surged 61.91% to 68.97p.







Reporting by Iain Gilbert at Sharecst.com

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Nanoco Group Market Data

Currency UK Pounds
Share Price 19.35p
Change Today 0.41p
% Change 2.16 %
52 Week High 23.40
52 Week Low 15.60
Volume 637,169
Shares Issued 194.37m
Market Cap £37.61m
Beta 0.01

Nanoco Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.76% below the market average50.76% below the market average50.76% below the market average50.76% below the market average50.76% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
28.61% above the market average28.61% above the market average28.61% above the market average28.61% above the market average28.61% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income Not Available
Growth
49.72% above the market average49.72% above the market average49.72% above the market average49.72% above the market average49.72% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average

Nanoco Group Dividends

No dividends found

Trades for 01-May-2024

Time Volume / Share Price
16:38 257,812 @ 19.20p
16:26 5,200 @ 19.39p
16:09 24,875 @ 19.20p
16:09 50,000 @ 18.90p
16:09 19,758 @ 19.20p

Nanoco Group Key Personnel

CEO Brian Tenner
CFO Liam Gray

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