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Neville Registrars are delighted to welcome Helios Underwriting PLC as the newest addition to its list of client companies.

Helios Underwriting provides access to a limited liability direct investment into the Lloyd’s insurance market through listed securities.

More information on the Company can be found on the Company's website: http://huwplc.com/

 

 

 

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·      Aurasian Minerals and Lao company Sahamit to form joint venture

·      Partner shares 70% Aurasian and 30% Sahamit

·      Partnership will undertake exploration and mineral development activities in Laos

Aurasian Minerals PLC (AIM:AUM) is pleased to announce that it has agreed to form a Joint Venture with Lao investment company Sahamit Phattana ("Sahamit") to undertake exploration and mineral development activities in Laos.

The board of Aurasian has identified Laos as an area having high mineral development potential, and is under-explored by modern systematic exploration methods. Successful mineral development also offers great economic, social and community benefits for Laos, when carried out responsibly to high standards.

Sahamit is a Lao investment company with activities in Agriculture, Aquaculture, Real Estate, Construction, Mining, Hydropower, and Renewable Energy. Its President is Khuanchai Siphakanlaya, who is also President of Lao Consulting Group, a well-established and respected infrastructure contractor in Laos. Khuanchai Siphakanlaya has high standing in the Lao business community and he will be a valuable partner to the Company as it implements its strategy.

Aurasian and Sahamit intend to establish a joint venture company, incorporated in Laos, in which Aurasian will hold a 70% equity stake and Sahamit 30%. The parties will contribute to all exploration and development programs and all in-country costs on a pro-rata basis. Of Sahamit's 30% stake 10% will be financed by Aurasian through a loan to be made to Sahamit upon terms to be agreed. Such loan will be repayable by Sahamit out of its share of any dividends paid by the joint venture company. The remainder of Sahamit's contribution will be self-funded.

Bruce Kay, Chairman of Aurasian said: "We are delighted to be forming this partnership with Sahamit, a highly respected and capable group with excellent in-country contacts. Through the Aurasian team's deep knowledge of the area based over 20 years' experience in the country we believe that we are now in a very good position to take advantage of the highly prospective mineral potential of Laos."

Khuanchai Siphakanlaya, President of Sahamit said: "We are delighted to be partnering with an organisation as professional and experienced as Aurasian Minerals, and we look forward to working with Aurasian in pursuing exploration and mineral development activities in Laos where we believe that successful exploration by experienced companies like Aurasian is the key to unlocking the mineral wealth of the country"

 

Enquiries:

Aurasian Minerals Plc

Christopher Goss                                                           christopher.goss@aurasianminerals.com

Jon Loraine                                                                    jon.loraine@aurasianminerals.com

finnCap Limited – nominated adviser

Christopher Raggett/Scott Mathieson                               +44 (0) 20 7220 0500                

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LightwaveRF plc ("LightwaveRF" or the "Company"), the creator of the LightwaveRF Smart Home Platform and products for the Internet of Things enabling households and businesses to remotely operate and control applications including lighting, power, heating and security using smartphones, tablets, PC and MAC applications, today announces it has filed its third patent application this year.

This latest patent application is for a Super Smart TRV. This thermostatic radiator valve product combines the advantages of state of the art electronic control with the power saving of passive devices. This dramatically reduces battery consumption and operating noise.

Commenting John Shermer the LightwaveRF Chief Technical Officer said:  "One of the biggest challenges for smart radiator valve manufacturers is battery life. Our new innovation will, we believe, give up to five times the  battery life compared to  other products currently on the market. This will be a major benefit particularly in commercial applications.

The valve will also operate silently in a similar way to conventional valves consumers are used to. This will be significantly different to other products on the market that typically rely solely on motor driven valves for remote control."

 

For further information:        

Contacts:
LightwaveRF Plc	www.lightwaveRF.com
Mike Lord, CEO Tom Sykes, CFO	+44 (0)  121 250 3625
WH Ireland Limited	www.wh-ireland.co.uk
Mike Coe/Ed Allsopp (Corporate Finance)	+44 (0) 117 945 3470
Jasper Berry (Institutional Sales)	+44 (0) 20 7220 1666

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Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, is pleased to announce the commencement of trading in its ordinary shares at 8.00am today on the Main Market of the London Stock Exchange and admission to the premium segment of the Official List of the UK Listing Authority. The commencement of trading on the Main Market is simultaneous with the cancellation of the Company's shares on AIM.

The commencement of trading on the Main Market is the final condition for the completion of the Placing, initially announced on 31 March 2015, of 19,047,619 new ordinary shares at a price of 105 pence each, raising gross proceeds of £20 million.

Highlights

·    The net proceeds of the Placing of £18.65 million will enable Nanoco to fund its Business Expansion Strategy of accelerated research, development and commercialisation in its four key target markets – electronic display, LED lighting, solar power and biological imaging.

·    Use of the proceeds are planned to include:  

–   Improved working capital to support increased capacity and continued optimisation of Nanoco's CFQD® quantum dot production processes

–   Hiring additional research and development staff and enhancing the senior management structure to re-organise the business into four distinct business divisions, reflecting the key target markets

–    Broadening the Company's research capabilities in solar through the appointment of a specialist solar panel manufacturer to prove Nanoco's technology on larger solar panels

–    Investment in laboratory space and the enhancement of the Company's intellectual property portfolio

·   The transition from AIM to the Main Market is expected to provide a more appropriate platform for the continued growth of the business, raise its profile and improve the trading liquidity of the Company's shares

·    As previously announced, Robin Williams, a Non-executive Director of Nanoco, through his SIPP, subscribed for 9,523 ordinary shares in the Placing at 105 pence per share. Therefore, on Admission, Robin is interested in of 9,532 ordinary shares,  representing to 0.004% of the enlarged issued share capital of the Company

Michael Edelman, Nanoco's Chief Executive Officer, commented: "Nanoco's transition from AIM to the Main Market comes at an exciting point in the Company's development and marks an important step in the Company's evolution towards its goal of becoming a leading, global materials science business.

"I would like to thank the new and existing investors who subscribed for shares in the Placing which accompanied our move to the Main Market. The proceeds from the Placing will allow us to accelerate the commercialisation of our technology through the funding of further R&D and through the formation of four distinct business divisions focused on our key target markets of electronic display, LED lighting, solar power and biological imaging.

"We are very excited by our commercial progress in the display market. We expect, the first LCD TVs to incorporate our technology to be launched in the near future and our worldwide licensing partner Dow is close to commissioning its mass production plant in South Korea, where Nanoco quantum dots will be manufactured in much larger quantities."

Total voting rights

The total number of ordinary shares in the Company immediately following admission, including the New Ordinary Shares, is 236,378,002 each with equal voting rights. This total voting rights figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in the Company under the Disclosure and Transparency Rules of the Financial Conduct Authority.

All capitalised terms in this announcement have the meaning given to them in the Circular posted to shareholders on 31 March 2015. The Circular, and the Prospectus, are available at the investor relations section of Nanoco's website, www.nanocotechnologies.com.

For further information, please contact:

Nanoco	Tel: +44 (0) 161 603 7900
Michael Edelman, Chief Executive Officer
Mark Sullivan, Interim Chief Financial Officer
Canaccord Genuity – Sponsor and Joint Broker	Tel: +44 (0) 20 7523 8000
Simon Bridges
Cameron Duncan Mark Whitmore
Liberum – Joint Broker	Tel: +44 (0) 20 3100 2000
Simon Atkinson
Richard Bootle
Buchanan	Tel: +44 (0) 20 7466 5000
Mark Court / Sophie Cowles / Stephanie Watson

 

Notes for editors:

About Nanoco Group plc

Nanoco is a world leader in the development and production of cadmium-free quantum dots and other nanomaterials for use in multiple applications including LCD displays, lighting, solar cells and bio-imaging. In the display market, it has an exclusive manufacturing and marketing licensing agreement with The Dow Chemical Company.

Nanoco was founded in 2001 and is headquartered in Manchester, UK. It has production facilities in Runcorn, UK, and a US subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has business development executives in Japan, Korea and Taiwan. Its technology is protected worldwide by a large and growing patent estate.

Nanoco is listed on the main market of the London Stock Exchange and trades under the ticker symbol NANO. For further information please visit: www.nanocotechnologies.com.

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Neville Registrars are delighted to welcome Surgical Innovations Group plc as the newest addition to its list of client companies.

Surgical Innovations specialise in the design and manufacture of creative solutions for minimally invasive surgery (MIS). The Company was awarded the Small/Medium Employer of the Year at the Leeds Apprenticeship Recognition Awards 2012, the Queen’s Award for Enterprise under the Innovation category in 2011 and SME Manufacturer of the Year 2011 – Yorkshire Post Excellence in Business Awards.

Further information can be found on the Company's website: http://www.surginno.com/

 

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The Innis & Gunn BeerBond is now live!

For more details and to find out how to invest, please visit the BeerBond website at: https://www.innisandgunnbeerbond.com/

 

 

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