Nanoco Group (NANO)

Sector:

IT Hardware

Index:

FTSE Fledgling

20.00p
   
  • Change Today:
    -1.50p
  • 52 Week High: 23.40
  • 52 Week Low: 15.60
  • Currency: UK Pounds
  • Shares Issued: 197.83m
  • Volume: 3,937,120
  • Market Cap: £39.57m

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

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Nanoco Group Market Data

Currency UK Pounds
Share Price 20.00p
Change Today -1.50p
% Change -6.98 %
52 Week High 23.40
52 Week Low 15.60
Volume 3,937,120
Shares Issued 197.83m
Market Cap £39.57m

Nanoco Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.96% below the market average57.96% below the market average57.96% below the market average57.96% below the market average57.96% below the market average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Price Trend
47.51% above the market average47.51% above the market average47.51% above the market average47.51% above the market average47.51% above the market average
30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average
Income Not Available
Growth
48.33% above the market average48.33% above the market average48.33% above the market average48.33% above the market average48.33% above the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average

Nanoco Group Dividends

No dividends found

Trades for 18-Apr-2024

Time Volume / Share Price
17:07 155,332 @ 20.00p
16:35 1,150 @ 20.00p
16:35 68 @ 20.00p
16:35 5 @ 20.00p
16:35 980 @ 20.00p

Nanoco Group Key Personnel

CEO Brian Tenner
CFO Liam Gray

Top of Page