LONDON (ShareCast) - Cadmium-free quantum dots developer Nanoco has announced Michael Bretherton, Non-Executive Director of the group, will step down from the board, with effect from April 4th.

Bretherton was Chief Financial Officer of the company when it listed on AIM in 2009 and has acted as a non-executive director since 2010.

His decision to step down from the board follows his relocation to the Channel Islands, where his business interests are now focused.

Anthony Clinch, Chairman, said: "On behalf of the board, I would like to thank Mike for his major contribution to the early development of Nanoco, first as CFO and then as a Non-executive Director.

“His strategic, financial and corporate judgement has been of great value and we wish him well for the future."

As of 11:17 the share price had dropped by 1.25% to 111.75p.

WS

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