Exercise of options
17/01/2023 08:15
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RNS Number : 9703M Quixant PLC 17 January 2023
Quixant plc
("Quixant" or the "Company")
Exercise of options
Quixant (AIM: QXT), a leading provider of innovative, highly engineered
technology products principally for the global gaming and broadcast
industries, announces that it has applied to the London Stock Exchange for
25,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to
be admitted to trading on AIM ("Admission"). The new Ordinary Shares are being
issued subsequent to an exercise of options over Ordinary Shares ("Options")
by two employees of the Company.
Total Voting Rights
It is expected that Admission will become effective and trading will commence
in the new Ordinary Shares at 8.00 a.m. on 18 January 2023. On Admission the
Company's issued share capital will comprise 66,475,060 Ordinary Shares. The
Company holds no Ordinary Shares in treasury. Accordingly, the figure of
66,475,060 may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in the Company under the FCA's Disclosure
Guidance and Transparency Rules.
For further information please contact:
Quixant plc Tel: +44 (0)1223 892 696
Jon Jayal, Chief Executive Officer
Johan Olivier, Chief Financial Officer
Nominated Adviser and Broker: Tel: +44 (0) 20 7220 0500
finnCap Ltd
Matt Goode / Simon Hicks (Corporate Finance)
Alice Lane / Charlotte Sutcliffe (ECM)
Joint Broker: Tel: +44 (0) 20 7523 8000
Canaccord Genuity Limited
Simon Bridges / Andrew Potts
Financial PR: Tel: +44 (0)20 3405 0205
Alma PR
Hilary Buchanan / Kieran Breheny / Will Ellis Hancock
About Quixant
Quixant, founded in 2005, designs and manufactures highly optimised computing
solutions and monitors principally for the global gaming and broadcast
industries. 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 communicated in this announcement contains inside information
for the purposes of Article 7 of the Market Abuse Regulation (EU) No.
596/2014.
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