Quixant PLC Issue of Equity (7881A)
June 09 2016 - 11:32AM
UK Regulatory
TIDMQXT
RNS Number : 7881A
Quixant PLC
09 June 2016
Quixant plc
("Quixant" or the "Company")
Issue of Equity
Quixant (AIM: QXT), a leading provider of specialised computing
platforms for gaming and slot machine applications and accessories,
today announces that it has applied to the London Stock Exchange
for 640,400 ordinary shares of GBP0.001 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 by employees of the Company.
It is expected that Admission will become effective and trading
will commence in the new Ordinary Shares at 8.00 a.m. on 15 June
2016. On Admission the Company's issued share capital will comprise
65,275,182 Ordinary Shares. The Company holds no Ordinary Shares in
treasury. Accordingly, the figure of 65,275,182 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 and Transparency Rules.
For further information please contact:
Quixant plc Tel: +44 (0)1223 892696
Nick Jarmany, Chief Executive
Jon Jayal, General Manager
Nominated Adviser and Broker: Tel: +44(0)20 7220
0500
finnCap
Matt Goode (Corporate Finance)
Grant Bergman (Corporate
Finance)
Simon Johnson (Corporate
Broking)
Financial PR:
Alma PR
John Coles Tel: +44 (0)7836 273660
Hilary Buchanan Tel: +44 (0)7515 805218
About Quixant
Quixant, founded in 2005, designs and manufactures complete
advanced hardware and software solutions (Gaming Platforms) for the
pay-for-play gaming and slot machine industry. The Company is
headquartered outside of Cambridge in the UK. Quixant UK Ltd is
responsible for the group's global (excluding North America) sales
function and its Las Vegas based subsidiary, Quixant USA Inc is
responsible for sales and sales support to the North American
market. Quixant has its own manufacturing and engineering operation
in Taiwan, which has evolved with the rapid growth of the Company.
Quixant's Italian subsidiary, Quixant Italia, houses the Group's
software engineering and customer support team.
Quixant's high quality, specialised products provide an
all-in-one solution, based on PC technology but with augmentative
hardware features and operating software developed specifically to
address the requirements of the gaming industry. Products feature
innovative mechanical designs which are optimised for operation in
the gaming and slot machine environment. Quixant's proprietary
hardware and embedded software is flexible in its design, enabling
Quixant to easily respond to changes in regulation or customers
operating in different markets or jurisdictions.
In-depth information on the Company's products, markets,
activities and history can be found on the corporate website at
www.quixant.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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