Designate Director Shareholding

RNS Number : 8836K

Quixant PLC

27 April 2020

 

Quixant plc

("Quixant" or the "Company")

Designate 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 24 April 2020 that Nigel Payne, designate Independent Non-Executive Director of the Company, purchased 14,000 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 69 pence per Ordinary Share (the "Purchase"). As the Company announced on 23 April 2020, Nigel will be appointed to the Board of the Company with effect from 1 July 2020.

Following the Purchase, Nigel Payne is beneficially interested in 14,000 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital. The above notification is provided in accordance with Rule 17 of the AIM Rules for Companies' under Schedule 2(g).

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/ Hannah Boros(Corporate Finance) Alice Lane (ECM)
Financial PR:	Tel: [phone]
Alma PR
John Coles / Hilary Buchanan / 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.

 

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