Quixant PLC Board Appointment (6177B)
June 20 2016 - 2:00AM
UK Regulatory
TIDMQXT
RNS Number : 6177B
Quixant PLC
20 June 2016
Quixant plc
("Quixant" or the "Company")
Board Appointment
Quixant (AIM: QXT), a leading provider of specialised computing
platforms and monitors for gaming and slot machine applications, is
pleased to announce the appointment of Jon Jayal to the Board as
Chief Operating Officer.
Jon was one of the founders of Quixant in 2005 and helped to
design the Company's first product. Following a period working in
the investment industry with Mercer and BlackRock, he re-joined
Quixant in 2012 as General Manager and is a Director of Quixant UK
Ltd. Jon is a Chartered Financial Analyst.
Nick Jarmany, CEO of Quixant, commented: "I am delighted that
Jon is joining the Board. His understanding of our market,
products, technology and customers coupled with his knowledge of
the City makes him an invaluable member of our team. Having created
and managed the implementation of many of our systems and processes
Jon has a deep understanding of the company. I have no doubt that
our Board is strengthened by his appointment."
The following information regarding Jonathan Francis Jayal, aged
34, is required to be disclosed under Schedule 2(g) of the AIM
Rules for Companies:
Other directorships held:
Current: Within the last five years:
Quixant UK Limited nil
Densitron Technologies
Limited
Mr Jayal holds 510,200 options over ordinary shares of 0.1 pence
in the capital of the Company.
There are no further disclosures to be made under Schedule 2(g)
of the AIM Rules.
For further information please contact:
Quixant plc Tel: +44 (0)1223 892696
Nick Jarmany, Chief Executive
Nominated Adviser and Broker: Tel: +44(0)20 7220
0500
finnCap
Matt Goode / Grant Bergman
(Corporate Finance)
Simon Johnson / Alice Lane
(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 in Balsham, just 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
srl, houses the Group's software engineering and customer support
team. Quixant Deutschland GmbH is a centre of excellence for
Quixant's gaming monitor products.
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 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 global sales team, Quixant has a robust platform to
deliver its computer products to industrial markets outside
gaming.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAGGUPPQUPQPUR
(END) Dow Jones Newswires
June 20, 2016 02:00 ET (06:00 GMT)
Quixant (LSE:QXT)
Historical Stock Chart
From May 2024 to Jun 2024
Quixant (LSE:QXT)
Historical Stock Chart
From Jun 2023 to Jun 2024