Nexteq plc
("Nexteq" or the "Group")
Director/PDMR Shareholding
Nexteq (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, announces that it has been notified that Carol Thompson, Non-Executive Chair and her persons closely associated have purchased 20,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 63.84 pence per Ordinary Share. Subsequent to the purchases Carol Thompson's (and her PCAs) holding in the Company is 20,000 Ordinary Shares, representing 0.03 per cent of the Company's issued share capital.
| Nexteq plc Duncan Faithfull, Chief Executive Officer Matt Staight, Chief Financial Officer
| Tel: +44 (0)20 3597 6800 |
| Nominated Adviser and Broker: Cavendish Capital Markets Ltd Matt Goode / Teddy Whiley (Corporate Finance) Tim Redfern / Harriet Ward (ECM)
| Tel: +44 (0) 20 7220 0500 |
| Financial PR: Alma Strategic Communications Hilary Buchanan / Emma Thompson | Tel: +44 (0)20 3405 0205 |
About Nexteq
Nexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Its innovative technology enables the manufacturers of global electronic equipment to outsource the design, development and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business' success.
Our solutions are delivered through a global sales team and leverage the Group's electronic hardware, software, display and mechanical engineering expertise. Our Taiwan operation is at the heart of Asian supply networks and facilitates cost effective manufacturing and strategic supply chain management.
The Group operates in six countries and services over 500 customers across 47 countries.
Nexteq operates two distinct brands: Quixant, a specialised computer platforms provider, and Densitron, leaders in human machine interface technology, each with dedicated sales, account management and product innovation teams. Founded in 2005, and later floating on the London Stock Exchange's AIM stock market as Quixant plc, the Group rebranded to Nexteq in 2023.
Further information on Nexteq and its divisions can be found at www.nexteqplc.com.
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) | | Carol Thompson (and persons closely associated) | |||
| 2 | Reason for the notification
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| a) | Position/status | Non-Executive Chair | |||
| 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 | |||
| c) | Price(s) and volume(s) | | | | |
| | | Sale of Ordinary Shares: | | | |
| | | Price(s) | Volume(s) | | |
| | | 63.75 pence 62.00 pence 64.2 pence | 10,0000 5,782 4,218 | | |
| | | | | | |
| d) | Aggregated information
Purchase of Ordinary Shares: | | |||
| - Aggregated volume | 20,000 Ordinary Shares
| ||||
| - Price | As above | ||||
| | | ||||
| e) | Date of the transactions | 2 April 2025 | |||
| f) | Place of the transaction | London Stock Exchange | |||
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