ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

QXT Quixant Plc

175.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Quixant Plc LSE:QXT London Ordinary Share GB00B99PCP71 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 175.00 172.00 178.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Quixant PLC Issue of Equity and Director/PDMR Shareholding (8910U)

27/10/2017 5:15pm

UK Regulatory


Quixant (LSE:QXT)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Quixant Charts.

TIDMQXT

RNS Number : 8910U

Quixant PLC

27 October 2017

Quixant plc

("Quixant" or the "Company")

Issue of Equity and Director/PDMR Shareholding

Quixant (AIM: QXT), a leading provider of specialised computing platforms for gaming and slot machine applications and accessories, today announces that it has applied to the London Stock Exchange for 105,000 ordinary shares of GBP0.001 pence each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The new Ordinary Shares are being issued subsequent to exercises of options over Ordinary Shares ("Options") by certain Directors', persons discharging managerial responsibilities ("PDMR's") and employees of the Company.

On 27 October 2017, Cresten Preddy, Finance Director of the Company, exercised Options on 10,000 Ordinary Shares. On Admission Cresten Preddy will hold 40,000 Ordinary Shares, representing approximately 0.06% of the Company's issued share capital.

Furthermore, on 27 October 2017 the following PDMR's of the Company exercised Options and subsequently sold Ordinary Shares (in certain cases) as follows:

 
 PDMR             Role                          Options               Ordinary 
                                              exercised    Shares subsequently 
                                                                          sold 
---------------  -------------------------  -----------  --------------------- 
                  Sales Director, Quixant 
 John Malin        UK Ltd                         5,000                  5,000 
---------------  -------------------------  -----------  --------------------- 
 Sandra Lowman    Operations Director,           33,000                      - 
                   Quixant UK Ltd 
---------------  -------------------------  -----------  --------------------- 
                  Vice President Sales 
                   & General Manager, 
 Amit Sharma       Quixant USA Inc               18,000                 18,000 
---------------  -------------------------  -----------  --------------------- 
 

Total Voting Rights

It is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 2 November 2017. On Admission the Company's issued share capital will comprise 66,034,982 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Accordingly, the figure of 66,034,982 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

 
Quixant plc                    Tel: +44 (0)1223 892 
                                696 
Jon Jayal, Chief Operating 
 Officer 
 
Nominated Adviser and Broker:  Tel: +44 (0)20 7220 
                                0500 
finnCap 
Matt Goode / Grant Bergman 
 (Corporate Finance) 
Simon Johnson / Alice Lane 
 (Corporate Broking) 
 
Financial PR: 
Alma PR                        Tel: +44 (0)20 8004 
                                4217 
John Coles 
Hilary Buchanan 
 Susie Hudson 
 

About Quixant

Quixant, founded in 2005, designs and manufactures highly optimised computing solutions and monitors principally for the global gaming industry. The Company is headquartered in Cambridge in the UK where the global sales function is based. North America sales and sales support is run from their subsidiary in Las Vegas. Quixant has its own manufacturing and engineering operation based in Taiwan and software engineering and customer support team based in Italy. All the specialised products software and manufacturing are produced in-house and Quixant owns all its own IP much of which is copyright protected.

In November 2015 Quixant acquired Densitron Technologies plc. Densitron has a strong heritage in the sale of electronic display solutions to global industrial markets. Through Densitron's experienced sales team, Quixant has a robust platform to build its business into wider industrial markets.

In-depth information on the Company's products, markets, activities and history can be found on the corporate website at www.quixant.com.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------------------------------------------- 
 a)   Name: 
                                           *    Cresten Preddy - Finance Director 
 
 
                                           *    John Malin - Sales Director, Quixant UK Ltd 
 
 
                                           *    Sandra Lowman - Operations Director, Quixant UK Ltd 
 
 
                                           *    Amit Sharma - Vice President Sales & General Manager, 
                                                Quixant USA Inc 
---  ---------------------------------  --------------------------------------------------------------- 
 2.   Reason for the notification 
---  -------------------------------------------------------------------------------------------------- 
 a)   Position/status:                     PDMR's 
---  -----------------------------------  ------------------------------------------------------------- 
 b)   Initial notification/Amendment:      Initial Notification 
---  -----------------------------------  ------------------------------------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------------------------------------------- 
 a)   Name:                                Quixant plc 
---  -----------------------------------  ------------------------------------------------------------- 
 b)   LEI:                                 2138003VERWSQP561X71 
---  -----------------------------------  ------------------------------------------------------------- 
 4.   Details of the transaction(s): section to be 
       repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; 
       and (iv) each place where transactions have 
       been conducted 
---  -------------------------------------------------------------------------------------------------- 
 a)   Description of the financial         Ordinary Shares of GBP0.001 
       instrument, type of instrument: 
 
       Identification code:                 GB00B99PCP71 
---  -----------------------------------  ------------------------------------------------------------- 
 b)   Nature of the transaction:           Exercise of Options 
                                            over Ordinary Shares 
---  -----------------------------------  ------------------------------------------------------------- 
 c)   Price(s) and volume(s): 
                                             *    Cresten Preddy 
 
                                             Price(s)    Volume(s) 
                                            ----------  ---------- 
                                             49 pence    10,000 
                                            ----------  ---------- 
 
 
                                             *    John Malin 
 
                                             Price(s)    Volume(s) 
                                            ----------  ---------- 
                                             49 pence    5,000 
                                            ----------  ---------- 
 
 
                                             *    Sandra Lowman 
 
                                             Price(s)    Volume(s) 
                                            ----------  ---------- 
                                             49 pence    33,000 
                                            ----------  ---------- 
 
 
                                             *    Amit Sharma 
 
                                             Price(s)    Volume(s) 
                                            ----------  ---------- 
                                             49 pence    18,000 
                                            ----------  ---------- 
---  -----------------------------------  ------------------------------------------------------------- 
 d)   Aggregated information:              See 4(c) above 
        *    Aggregated volume: 
 
 
        *    Price: 
---  -----------------------------------  ------------------------------------------------------------- 
 e)   Date of the transaction:             27 October 2017 
---  -----------------------------------  ------------------------------------------------------------- 
 f)   Place of the transaction:            London Stock Exchange, 
                                            AIM Market (XLON) 
---  -----------------------------------  ------------------------------------------------------------- 
 
 
 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------------------------------------------- 
 a)   Name: 
                                           *    John Malin - Sales Director, Quixant UK Ltd 
 
 
                                           *    Amit Sharma - Vice President Sales & General Manager, 
                                                Quixant USA Inc 
---  ---------------------------------  --------------------------------------------------------------- 
 2.   Reason for the notification 
---  -------------------------------------------------------------------------------------------------- 
 a)   Position/status:                     PDMR's 
---  -----------------------------------  ------------------------------------------------------------- 
 b)   Initial notification/Amendment:      Initial Notification 
---  -----------------------------------  ------------------------------------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------------------------------------------- 
 a)   Name:                                Quixant plc 
---  -----------------------------------  ------------------------------------------------------------- 
 b)   LEI:                                 2138003VERWSQP561X71 
---  -----------------------------------  ------------------------------------------------------------- 
 4.   Details of the transaction(s): section to be 
       repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; 
       and (iv) each place where transactions have 
       been conducted 
---  -------------------------------------------------------------------------------------------------- 
 a)   Description of the financial         Ordinary Shares of GBP0.001 
       instrument, type of instrument: 
 
       Identification code:                 GB00B99PCP71 
---  -----------------------------------  ------------------------------------------------------------- 
 b)   Nature of the transaction:           Sale of Ordinary Shares 
---  -----------------------------------  ------------------------------------------------------------- 
 c)   Price(s) and volume(s): 
                                             *    John Malin 
 
                                             Price(s)       Volume(s) 
                                            -------------  ---------- 
                                             GBP4.458254 
                                              pence         5,000 
                                            -------------  ---------- 
 
 
                                             *    Amit Sharma 
 
                                             Price(s)       Volume(s) 
                                            -------------  ---------- 
                                             GBP4.458254 
                                              pence         18,000 
                                            -------------  ---------- 
---  -----------------------------------  ------------------------------------------------------------- 
 d)   Aggregated information:              See 4(c) above 
        *    Aggregated volume: 
 
 
        *    Price: 
---  -----------------------------------  ------------------------------------------------------------- 
 e)   Date of the transaction:             27 October 2017 
---  -----------------------------------  ------------------------------------------------------------- 
 f)   Place of the transaction:            London Stock Exchange, 
                                            AIM Market (XLON) 
---  -----------------------------------  ------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOEMMMZGVNGGNZM

(END) Dow Jones Newswires

October 27, 2017 12:15 ET (16:15 GMT)

1 Year Quixant Chart

1 Year Quixant Chart

1 Month Quixant Chart

1 Month Quixant Chart

Your Recent History

Delayed Upgrade Clock