13 October 2020
Quixant plc
("Quixant" or the "Company" or the "Group")
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 12 October 2020 that Jon Jayal, Chief Executive Officer purchased 4,191 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 119.00 pence per Ordinary Share and 4,156 Ordinary Shares at a price of 120.00 pence per Ordinary Share (the "Purchases").
Following the Purchases, Jon Jayal is beneficially interested in 383,547 Ordinary Shares, representing approximately 0.58 per cent. of the Company's issued share capital.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the transactions.
| Quixant plc | Tel: +44 (0)1223 892 696 |
| Jon Jayal, Chief Executive Officer Andrew Jarvis, Interim Chief Financial Officer | |
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| Nominated Adviser and Broker: | |
| finnCap Ltd | Tel: +44(0)20 7220 0500 |
| Matt Goode / Simon Hicks (Corporate Finance) | |
| Alice Lane (Corporate Broking) | |
| | |
| Financial PR: | Tel: +44 (0) 20 3405 0205 |
| Alma PR | |
| John Coles / Susie Hudson / David Ison / Kieran Breheny | |
About Quixant
Quixant, founded in 2005, was established as a designer and manufacturer of highly optimised computing and display solutions for the global gaming industry. Through the acquisition of Densitron Technologies plc in 2015, the Company diversified into other markets and has a focused technology offering for the broadcast sector, leveraging the business' extensive sector knowledge across many industries.
The Company is headquartered in Cambridge in the UK, with a global customer base and offices in North America, Europe and Asia. The Taiwanese operation is responsible for design, procurement and manufacturing of the Company's products. Quixant owns all its IP, some of which is protected by patents and design rights.
In-depth information on the Company's products, markets, activities and history can be found on the corporate website at www.quixant.com.
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: | Jon Jayal | ||||||
2. | Reason for the notification | |||||||
| a) | Position/status: | CEO | ||||||
| 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
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| b) | LEI: | 2138003VERSWQP561X71
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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 of 0.1p
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| c) | Price(s) and volume(s): |
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| d) | Aggregated information: · Aggregated volume: · Price: | Purchase of 8,347 ordinary shares at an average price of 119.5p per ordinary share | ||||||
| e) | Date of the transaction: | 12 October 2020
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| f) | Place of the transaction: | Off market transaction
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