Published: May 27, 2026 at 2:59 pm
Shares in Manchester spinout company Nanoco have dropped 55% in trading today after it said this morning that it is looking to delist from the main market of the London Stock Exchange.
Nanoco Group plc, headquartered in Runcorn, develops and manufactures cadmium-free quantum dots and other nanomaterials. These are used in monitors, TVs and infra-red sensors.
In 2024 it began cutting jobs in an attempt to preserve cash as it explored a sale via financial advisor CDX Advisors. However in January this year it said it had terminated that process and it said this morning it would seek shareholder approval to delist.