Quixant PLC Issue of Equity and Director/PDMR Shareholding (8910U)
October 27 2017 - 12:15PM
UK Regulatory
TIDMQXT
RNS Number : 8910U
Quixant PLC
27 October 2017
Quixant plc
("Quixant" or the "Company")
Issue of Equity and Director/PDMR Shareholding
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 105,000 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 exercises of
options over Ordinary Shares ("Options") by certain Directors',
persons discharging managerial responsibilities ("PDMR's") and
employees of the Company.
On 27 October 2017, Cresten Preddy, Finance Director of the
Company, exercised Options on 10,000 Ordinary Shares. On Admission
Cresten Preddy will hold 40,000 Ordinary Shares, representing
approximately 0.06% of the Company's issued share capital.
Furthermore, on 27 October 2017 the following PDMR's of the
Company exercised Options and subsequently sold Ordinary Shares (in
certain cases) as follows:
PDMR Role Options Ordinary
exercised Shares subsequently
sold
--------------- ------------------------- ----------- ---------------------
Sales Director, Quixant
John Malin UK Ltd 5,000 5,000
--------------- ------------------------- ----------- ---------------------
Sandra Lowman Operations Director, 33,000 -
Quixant UK Ltd
--------------- ------------------------- ----------- ---------------------
Vice President Sales
& General Manager,
Amit Sharma Quixant USA Inc 18,000 18,000
--------------- ------------------------- ----------- ---------------------
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 2 November
2017. On Admission the Company's issued share capital will comprise
66,034,982 Ordinary Shares. The Company holds no Ordinary Shares in
treasury. Accordingly, the figure of 66,034,982 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 Operating
Officer
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 Tel: +44 (0)20 8004
4217
John Coles
Hilary Buchanan
Susie Hudson
About Quixant
Quixant, founded in 2005, designs and manufactures highly
optimised computing solutions and monitors principally for the
global gaming industry. 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 much of which
is copyright protected.
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.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial
responsibilities/person closely associated
--- --------------------------------------------------------------------------------------------------
a) Name:
* Cresten Preddy - Finance Director
* John Malin - Sales Director, Quixant UK Ltd
* Sandra Lowman - Operations Director, Quixant UK Ltd
* Amit Sharma - Vice President Sales & General Manager,
Quixant USA Inc
--- --------------------------------- ---------------------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------------------------------------------------------
a) Position/status: PDMR's
--- ----------------------------------- -------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
--- ----------------------------------- -------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- --------------------------------------------------------------------------------------------------
a) Name: Quixant plc
--- ----------------------------------- -------------------------------------------------------------
b) LEI: 2138003VERWSQP561X71
--- ----------------------------------- -------------------------------------------------------------
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 Ordinary Shares of GBP0.001
instrument, type of instrument:
Identification code: GB00B99PCP71
--- ----------------------------------- -------------------------------------------------------------
b) Nature of the transaction: Exercise of Options
over Ordinary Shares
--- ----------------------------------- -------------------------------------------------------------
c) Price(s) and volume(s):
* Cresten Preddy
Price(s) Volume(s)
---------- ----------
49 pence 10,000
---------- ----------
* John Malin
Price(s) Volume(s)
---------- ----------
49 pence 5,000
---------- ----------
* Sandra Lowman
Price(s) Volume(s)
---------- ----------
49 pence 33,000
---------- ----------
* Amit Sharma
Price(s) Volume(s)
---------- ----------
49 pence 18,000
---------- ----------
--- ----------------------------------- -------------------------------------------------------------
d) Aggregated information: See 4(c) above
* Aggregated volume:
* Price:
--- ----------------------------------- -------------------------------------------------------------
e) Date of the transaction: 27 October 2017
--- ----------------------------------- -------------------------------------------------------------
f) Place of the transaction: London Stock Exchange,
AIM Market (XLON)
--- ----------------------------------- -------------------------------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- --------------------------------------------------------------------------------------------------
a) Name:
* John Malin - Sales Director, Quixant UK Ltd
* Amit Sharma - Vice President Sales & General Manager,
Quixant USA Inc
--- --------------------------------- ---------------------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------------------------------------------------------
a) Position/status: PDMR's
--- ----------------------------------- -------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
--- ----------------------------------- -------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- --------------------------------------------------------------------------------------------------
a) Name: Quixant plc
--- ----------------------------------- -------------------------------------------------------------
b) LEI: 2138003VERWSQP561X71
--- ----------------------------------- -------------------------------------------------------------
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 Ordinary Shares of GBP0.001
instrument, type of instrument:
Identification code: GB00B99PCP71
--- ----------------------------------- -------------------------------------------------------------
b) Nature of the transaction: Sale of Ordinary Shares
--- ----------------------------------- -------------------------------------------------------------
c) Price(s) and volume(s):
* John Malin
Price(s) Volume(s)
------------- ----------
GBP4.458254
pence 5,000
------------- ----------
* Amit Sharma
Price(s) Volume(s)
------------- ----------
GBP4.458254
pence 18,000
------------- ----------
--- ----------------------------------- -------------------------------------------------------------
d) Aggregated information: See 4(c) above
* Aggregated volume:
* Price:
--- ----------------------------------- -------------------------------------------------------------
e) Date of the transaction: 27 October 2017
--- ----------------------------------- -------------------------------------------------------------
f) Place of the transaction: London Stock Exchange,
AIM Market (XLON)
--- ----------------------------------- -------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEMMMZGVNGGNZM
(END) Dow Jones Newswires
October 27, 2017 12:15 ET (16:15 GMT)
Quixant (LSE:QXT)
Historical Stock Chart
From Apr 2024 to May 2024
Quixant (LSE:QXT)
Historical Stock Chart
From May 2023 to May 2024