Director Shareholding, Change of NOMAD/Broker Name

Nexteq PLC

12 September 2023

 

12 September 2023

Nexteq Plc

(the "Company" or the "Group")

Director Shareholding and Change of Name of Nominated Adviser and Broker

Nexteq (AIM:NXQ), a leading technology solutions provider to customers in selected industrial markets, announces that on 11 September 2023 Jon Jayal, Chief Executive Officer, purchased 5,153 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 125.89 pence per Ordinary Share (the "Purchase").

Following the Purchase, Jon Jayal is beneficially interested in 394,720 Ordinary Shares, representing approximately 0.59 per cent of the Company's issued share capital.

Change of Name of Nominated Adviser and Broker

The Company also announces that its Nominated Adviser and Joint Broker has changed its name to Cavendish Capital Markets Limited following completion of its own corporate merger.

For further information please contact:

Quixant plc Jon Jayal, Chief Executive Officer Johan Olivier, Chief Financial Officer	Tel: [phone]
Nominated Adviser and Broker: Cavendish Capital Markets Limited Matt Goode / Simon Hicks (Corporate Finance) Charlotte Sutcliffe (ECM)	Tel: [phone]
Joint Broker: Canaccord Genuity Limited Simon Bridges / Andrew Potts	Tel: [phone]
Financial PR: Alma PR Hilary Buchanan / Kieran Breheny / Will Ellis Hancock	Tel: [phone]

The notifications below are made in accordance with Article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jon Jayal
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Nexteq 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	Ordinary shares of 0.1 pence each
	Identification code	GB00B99PCP71
b)	Nature of the transaction	Purchase of ordinary shares of 0.1p
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			125.89p	5,153
d)	Aggregated information
	- Aggregated volume	Purchase of 5,153 ordinary shares at a price of 125.89p per ordinary share
	- Price
e)	Date of the transaction	11 September 2023
f)	Place of the transaction	London Stock Exchange

 

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