Director/PDMR Shareholding

RNS Number : 0444Y

Quixant PLC

03 May 2019

 

Quixant plc

("Quixant" or the "Company")

Director/PDMR 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 3 May 2019 that Michael Peagram, Non-Executive Chairman of the Company, has purchased a total of 16,500 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 260 pence per Ordinary Share (the "Purchase").

Following the Purchase, Michael Peagram and persons closely associated with him are beneficially interested in 243,674 Ordinary Shares, representing approximately 0.4% of the Company's issued share capital.

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 (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.

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:	Michael Peagram
2.	Reason for the notification
a)	Position/status:	Non-Executive Chairman
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 instrument, type of instrument: Identification code:	Ordinary shares of 0.1p GB00B99PCP71
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 260p 16,500
d)	Aggregated information: ·     Aggregated volume: ·     Price:	See 4 (c) above
e)	Date of the transaction:	3 May 2019
f)	Place of the transaction:	London Stock Exchange, AIM Market (XLON)

 

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