Nanoco said the Board has decided to appoint CDX Advisors to review the options for the company's trading business, IP and other assets, including the potential for a sale of the trading business and assets. The company said steps are already being taken to rationalise cost base. This includes reducing headcount, reducing the size of the Board during fiscal 2025.
Also, the Board believes that it is now appropriate to commit to a return of surplus cash to shareholders during the course of fiscal 2025, and intends to return an initial sum of cash via a capital return following the release of the fiscal 2024 report and accounts.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.