12th May 2014 10:34
LONDON (Alliance News) - Graphene NanoChem PLC said Monday it is trading in line with expectations for the full-year as it is making "excellent" progress in a number of areas for the wider commercialisation of its nanotechnology.
The performance nanochemicals and advanced materials company said results for the full-year are expected to be in line with revised market expectations and that current trading is also in line with expectations.
Graphene NanoChem said it is making excellent progress in a number of areas relating to the wider commercialisation of its proprietary nanotechnology.
In a statement Monday the company also said it notes the recent downwards movement of its share price and that the Directors confirm that they know of no reason for such movement.
Results for the year ended December 31, 2013 will be announced May 29, 2014, said the company.
Shares in Graphene NanoChem were trading 5.32% lower at 71.25 pence per share Monday morning.
By Alice Attwood; [email protected]; @AliceAtAlliance
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