Quixant PLC Director Shareholding (8508B)

TIDMQXT

RNS Number : 8508B

Quixant PLC

13 October 2020

13 October 2020

Quixant plc

("Quixant" or the "Company" or the "Group")

Director Shareholding

Quixant (AIM: QXT), a leading provider of specialised computing platforms and monitors for gaming and slot machine applications, announces that it was informed on 12 October 2020 that Jon Jayal, Chief Executive Officer purchased 4,191 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 119.00 pence per Ordinary Share and 4,156 Ordinary Shares at a price of 120.00 pence per Ordinary Share (the "Purchases").

Following the Purchases, Jon Jayal is beneficially interested in 383,547 Ordinary Shares, representing approximately 0.58 per cent. of the Company's issued share capital.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the transactions.

 
 Quixant plc                                Tel: [phone] 
 Jon Jayal, Chief Executive Officer 
  Andrew Jarvis, Interim Chief Financial 
  Officer 
 
 Nominated Adviser and Broker: 
 finnCap Ltd                                 Tel: [phone] 
 Matt Goode / Simon Hicks (Corporate 
  Finance) 
 Alice Lane (Corporate Broking) 
 
 Financial PR:                             Tel: [phone] 
 Alma PR 
 John Coles / Susie Hudson / David Ison 
  / Kieran Breheny 
 

About Quixant

Quixant, founded in 2005, was established as a designer and manufacturer of highly optimised computing and display solutions for the global gaming industry. Through the acquisition of Densitron Technologies plc in 2015, the Company diversified into other markets and has a focused technology offering for the broadcast sector, leveraging the business' extensive sector knowledge across many industries.

The Company is headquartered in Cambridge in the UK, with a global customer base and offices in North America, Europe and Asia. The Taiwanese operation is responsible for design, procurement and manufacturing of the Company's products. Quixant owns all its IP, some of which is protected by patents and design rights.

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:                              Jon Jayal 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                   CEO 
     ---------------------------------  ------------------------------------ 
 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:                               2138003VERSWQP561X71 
     ---------------------------------  ------------------------------------ 
 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 0.1p 
       instrument, type of instrument: 
       Identification code:               GB00B99PCP71 
     ---------------------------------  ------------------------------------ 
 b)   Nature of the transaction:         Purchase of ordinary shares of 0.1p 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s):             Price(s)   Volume(s) 
                                           119.0p     4,191 
                                                     ---------- 
                                           120.0p     4,156 
                                                     ---------- 
     ---------------------------------  ------------------------------------ 
 d)    Aggregated information:           Purchase of 8,347 ordinary shares 
         *    Aggregated volume:          at an average price of 119.5p per 
                                          ordinary share 
 
         *    Price: 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction:           12 October 2020 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction:          Off market transaction 
     ---------------------------------  ------------------------------------ 
 

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October 13, 2020 02:00 ET (06:00 GMT)