Quixant PLC Issue of Equity & PDMR Dealing (7427E)
22 October 2018 - 7:41PM
UK Regulatory
TIDMQXT
RNS Number : 7427E
Quixant PLC
22 October 2018
Quixant plc
("Quixant" or the "Company")
Issue of Equity & PDMR Dealing
Quixant (AIM: QXT), a leading provider of specialised computing
platforms and monitors for gaming and slot machine applications,
announces that it has applied to the London Stock Exchange for
8,200 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 a person discharging
managerial responsibilities ("PDMR") and an employee of the
Company.
On 17 October 2018, Sandra Lowman, Executive Assistant to the
CEO of the Company, exercised Options over 4,100 Ordinary Shares.
The Options were exercised at a price of 158.5 pence per Ordinary
Share.
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 26 October
2018. On Admission the Company's issued share capital will comprise
66,356,282 Ordinary Shares. The Company holds no Ordinary Shares in
treasury. Accordingly, the figure of 66,356,282 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 892696
Jon Jayal (Chief Executive Officer)
Guy Millward (Chief Financial Officer)
Nominated Adviser and Broker:
finnCap Ltd Tel: +44 (0) 20 7220 0500
Matt Goode / Simon Hicks (Corporate Finance)
Alice Lane (ECM)
Financial PR: Tel: +44 (0) 20 8004 4217
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 contained in this announcement is inside
information for the purposes of article 7 of Regulation
596/2014.
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: Sandra Lowman
--------------------------------- ------------------------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------------------------------
a) Position/status: Executive Assistant to the CEO / PDMR
--------------------------------- ------------------------------------------------------------------
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 Options over 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): Exercise of Options over Ordinary Shares Price(s) Volume(s)
158.5 pence 4,100
----------
--------------------------------- ------------------------------------------------------------------
d) Aggregated information: See 4 (c) above
* Aggregated volume:
* Price:
--------------------------------- ------------------------------------------------------------------
e) Date of the transaction: 17 October 2018
--------------------------------- ------------------------------------------------------------------
f) Place of the transaction: Off market transaction
--------------------------------- ------------------------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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END
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