Quixant PLC Appointment of CFO (5389E)
08 July 2021 - 4:00PM
UK Regulatory
TIDMQXT
RNS Number : 5389E
Quixant PLC
08 July 2021
8 July 2021
Quixant plc
("Quixant" or the "Group")
Appointment of CFO
Quixant (AIM:QXT), a leading provider of innovative, highly
engineered technology products principally for the global gaming
and broadcast industries, is pleased to announce that Johan Olivier
will join the business as Chief Financial Officer on 31(st) August
2021 and will be appointed to the Board.
Johan joins the business from XP Power, the FTSE250 designer and
manufacturer of power components, where he operated as Group
Finance Director for three years and was responsible for financial
planning, reporting and treasury functions. Johan also served as XP
Power's Acting CFO while the company was seeking a permanent
candidate. Prior to this, Johan held finance roles at Logica plc
and Finastra after beginning his career in public practice. Johan
is a certified Chartered Accountant.
Johan will take over from Andrew Jarvis, Interim CFO, who will
stay with the business until the end of the year to help with an
orderly handover.
Francis Small, Chairman of Quixant, commented: "We are delighted
to be bringing Johan onto the Board and to have attracted someone
of his calibre. His tenure during several years of impressive
growth at XP Power puts him in excellent stead to support Quixant's
ambitious growth plans. On behalf of the Board, I would like to
thank Andrew for his hard work and contribution to Quixant over the
last year, which have helped navigate the business through
unprecedent global conditions."
Quixant plc Tel: +44 (0)1223 892 696
Jon Jayal, Chief Executive Officer
Andrew Jarvis, Interim Chief Financial
Officer
Nominated Adviser and Broker: Tel: +44 (0) 20 7220 0500
finnCap Ltd
Matt Goode / Simon Hicks (Corporate
Finance)
Alice Lane (ECM)
Joint Broker: Tel: +44 (0) 20 7523 8000
Canaccord Genuity Limited
Simon Bridges / Andrew Potts
Financial PR: Tel: +44 (0)20 3405 0205
Alma PR
John Coles / Hilary Buchanan / Kieran
Breheny
About Quixant
Quixant, founded in 2005, designs and manufactures highly
optimised computing solutions and monitors principally for the
global gaming and broadcast industries. The Company is
headquartered in Cambridge in the UK, with offices throughout
Europe, North America and Asia. Quixant has its own manufacturing
and engineering operation based in Taiwan and software engineering
and customer support teams based in Italy and Slovenia. 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.
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.
The following information regarding the appointment of Johannes
Jacobus Olivier, aged 43, is disclosed under Schedule 2(g) of the
AIM Rules for Companies:
Current directorships and/or Former directorships and/or partnerships
partnerships: (within the last five years):
None Misys Finance Limited
ACT Sigmex Limited
Turaz Limited
Misys Group Holdings Limited
Misys International Banking Systems
(CIS) Limited
Misys Services Limited
ACT Overseas Limited
Finastra Subco Limited
Finastra International Limited
Finastra UK Limited
Misys India Holdings Limited
Finastra Europe Limited
Finastra Holdings Limited
Misys Africa Limited
Misys International Limited
Finastra Global Limited
Finastra Group Holdings Limited
Finastra Global Operations Limited
ACT Pension Trustees Limited
Fundtech Financial Messaging Ltd
Payactive Limited
Accountis Europe Ltd
Intersoftware UK Limited
Fundtech UK Limited
Intersoftware Bureaux Limited
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