Quixant PLC Board Change (2337M)

TIDMQXT

RNS Number : 2337M

Quixant PLC

04 January 2019

4 January 2019

Quixant plc

("Quixant" or the "Group")

Board Change

Quixant (AIM: QXT), a leading provider of specialised computing platforms and monitors for gaming and slot machine applications, announces that Cresten Preddy, who served as Senior Advisor since October 2018 and prior to that as CFO, retired from the Board on 31 December 2018.

On 1 March 2018 Cresten announced her intention to retire from a full time role, having held the position of CFO at Quixant plc from July 2012. Following Guy Millward's appointment as CFO on 1 October 2018, Cresten remained on the Board in the role of Senior Advisor.

Michael Peagram, Non-Executive Chairman of Quixant, said:

"The Board and I would like to sincerely thank Cresten for her many years of service with the Group. She was involved with the company from an early stage and has been an asset to the Board and finance team through its growth, latterly as an AIM listed business. We wish her the best of luck in her retirement."

For further information please contact:

 
Quixant plc                                   Tel: [phone] 
Jon Jayal (Chief Executive Officer) 
 Guy Millward (Chief Financial Officer) 
 
Nominated Adviser and Broker: 
finnCap Ltd                                   Tel: [phone] 
Matt Goode / Simon Hicks (Corporate Finance) 
 Alice Lane (ECM) 
 
Financial PR:                                 Tel: [phone] 
Alma PR 
John Coles / 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 some of which is protected by patents and design rights.

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.

The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

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January 04, 2019 05:13 ET (10:13 GMT)