Nanoco group considers multiple strategic alternatives

In its preliminary results announcement on 16 october 2019, the board of nanoco group plc (lse:nano) reiterated its focus on maximising value for shareholders.  in this context, the company confirms that it has entered into preliminary discussions with certain parties about a potential sale of the company. accordingly, the company announced that it is undertaking a review of all the strategic options for the company, including, but not limited to, a potential sale of the company through the commencement of a "formal sale process". the board has appointed evercore inc. (nyse:evr) as its financial adviser to assist with the formal sale process and as independent financial adviser for the purposes. there can be no certainty that an offer will be made, nor as to the terms on which any offer will be made.
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