Timing of Results

RNS Number : 9222H

Quixant PLC

27 March 2020

 

27 March 2020

Quixant plc

("Quixant" or the "Group")

Timing of Results

Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries, announces that it has been informed by the Group's auditor, KPMG LLP, that they will not sign any audit opinions or consents for release of preliminary results for listed companies until after 5 April 2020 following FCA guidance. The Group's final results and annual report due to be announced on 31 March 2020 will, unfortunately, therefore be delayed to 6 April 2020.

Quixant intends to announce a trading update on 31 March. As announced on 22 March 2020 the Board believes the accounts to be substantially complete and confirms that as at 29 February 2020 net cash was $18.5m.

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 (Corporate Broking)
Financial PR:	Tel: [phone]
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 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.

 

END

 

 

NORPPUWUWUPUGAM