REG - Nexteq PLC - Change of Name to Nexteq plc

NexteqAnnouncement

22/05/2023 07:00

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RNS Number : 1010A  Nexteq PLC  22 May 2023

22 May 2023

Nexteq plc (previously Quixant plc)

 

("Nexteq", the "Company" or the "Group")

Change of Name to Nexteq plc

Empowering technology

 

The Company confirms that its change of name to Nexteq plc has now been
completed.

 

It is expected that the change of name will take effect on the AIM market of
the London Stock Exchange from 8:00am today and the Company's TIDM will change
to "NXQ". The Company's current ISIN and SEDOL will remain the same.
Shareholders are unaffected by the change of name and existing share
certificates should be retained and remain valid. Any new share certificates
issued will bear the name Nexteq plc.

 

The Company's website containing the information required by AIM Rule 26 has
changed to www.nexteqplc.com (http://www.nexteqplc.com) .

 

Jon Jayal, Chief Executive Officer of Nexteq plc, commented: "Quixant was
founded in 2005 as a specialist outsourced computer technology provider for
the Gaming industry. Today we are more than 230 employees supplying a
diversified range of technology products into multiple sectors, and we believe
the strategy which drove our success to date can be applied to other sectors,
a journey which we have already started in Broadcast. The change of name
supports our multi-vertical growth strategy and better reflects our value
proposition and vision for the Group as a whole, whilst maintaining our strong
brand recognition within our chosen markets. We are excited about our next
chapter as Nexteq plc."

 

 

 Nexteq plc (formerly 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 Nexteq plc

 

Nexteq (AIM: NXQ) is a leading technology partner to major global industrial
equipment manufacturers. The Group's specialist outsourced solutions serve a
range of selected end markets through its two divisions, Quixant and
Densitron, enabling its customers to innovate where it matters most.

Nexteq consists of two distinct divisions, Quixant and Densitron, each with
dedicated sales, account management and product innovation teams. Quixant
designs and engineers gaming computers, software systems and accessories for
the gaming and sports betting industries. Densitron produces a wide range of
human machine interface hardware to global industrial markets, with key focus
areas being the broadcast and medical sectors.  Nexteq has its own
manufacturing and engineering operation based in Taiwan and global sales,
engineering and operations teams located throughout North America, Europe and
Asia..

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 to reflect the
increasing diversification of the business. Headquarted in Cambridge, Nexteq
has over 230 employees.

Further information on Nexteq and its divisions can be found at
www.nexteqplc.com.

 

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