14 August
2024
Nexteq plc
("Nexteq" or the
"Group")
Appointment of Interim Chair
Nexteq (AIM: NXQ), a leading
technology solutions provider to customers in selected industrial
markets, today announces that Nick Jarmany, Non-Executive
Deputy Chair, will assume the role of Interim Chair with immediate
effect whilst the Board continues with the process to recruit a
permanent Chair. Accordingly, Francis Small has now stepped
down from his role as Chair of the Group.
Nick is a founding Director of Quixant and was
the Group's Chief Executive Officer until 2018 when he became
Deputy Chair. Along with a deep familiarity of Nexteq's strategy
and operations, Nick has extensive experience across technology
markets.
Following these changes, the Board comprises six
Directors, of which four are Non-Executive Directors - Nick Jarmany
(Chairman), Gary Mullins, Duncan Penny and Carol Thompson. Duncan
Penny and Carol Thompson are independent Non-Executive
Directors.
Enquiries
|
Nexteq
PLC
Nick Jarmany, Interim Chair
Jon Jayal, Chief Executive Officer
Johan Olivier, Chief Financial Officer
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Telephone: +44 (0)1223 892 696
|
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Nominated Adviser
and Broker:
Cavendish Capital Markets Ltd
Matt Goode / Edward Whiley (Corporate Finance)
Tim Redfern / Harriet Ward (ECM)
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Telephone: +44 (0) 20 7220 0500
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Joint
Broker:
Canaccord Genuity Limited
Simon Bridges/ Andrew Potts
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Telephone: +44 (0)20 7523 8000
|
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Financial
PR:
Alma Strategic Communications
Hilary Buchanan/ Kieran Breheny
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Telephone: +44 (0)20 3405 0205
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About Nexteq
Nexteq (AIM: NXQ) is a strategic
technology solutions provider to customers in selected industrial
markets. Its innovative technology enables the manufacturers of
global electronic equipment to outsource the design, development
and supply of non-core aspects of their product offering. By
outsourcing elements of their technology stack to Nexteq, customers
can focus their product development effort on the most critical
drivers of their business' success.
Our solutions are delivered through
a global sales team and leverage the Group's electronic hardware,
software, display and mechanical engineering expertise. Our Taiwan
operation is at the heart of Asian supply networks and facilitates
cost effective manufacturing and strategic supply chain
management.
The Group operates in six countries
and services over 500 customers across 47 countries.
Nexteq operates two distinct brands:
Quixant, a specialised computer platforms provider, and Densitron,
leaders in human machine interface technology, each with dedicated
sales, account management and product innovation teams. Founded in
2005, and later floating on the London Stock Exchange's AIM stock
market as Quixant plc, the Group rebranded to Nexteq in
2023.
Further information on Nexteq and
its divisions can be found at www.nexteqplc.com.
This announcement contains inside information for the
purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014
as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.