Quixant PLC Director/PDMR Shareholdings (4606M)
April 30 2018 - 2:02AM
UK Regulatory
TIDMQXT
RNS Number : 4606M
Quixant PLC
30 April 2018
Quixant plc
("Quixant", the "Company" or the "Group")
Director/PDMR Shareholdings
Quixant (AIM: QXT), a leading provider of specialised computing
platforms and monitors for gaming and slot machine applications,
was notified on 27 April 2018 that on the same day certain
directors of the Company, persons closely associated with directors
of the Company ("PCA's") (together the "Director Vendors") and a
founder shareholder of the Company sold a total of 2,239,025
existing ordinary shares of 0.1p in the Company ("Ordinary Shares")
at a price of 410 pence per Ordinary Share (the "Placing Shares"
and the "Placing").
The Placing, which was oversubscribed, was undertaken in order
to satisfy market demand and broaden the institutional shareholder
base of the Company and represent, in aggregate, approximately 3.4
per cent. of the issued share capital of the Company.
Subsequent to the Placing, the Director Vendors revised
shareholdings are set out below:
Director Vendor Placing Shares Resultant shareholding
sold
----------------- --------------------------- ------------------------------
Number % of Issued Number % of Issued
of Ordinary Share of Ordinary Share Capital
Shares Capital Shares
----------------- ------------- ------------ ------------- ---------------
Nick Jarmany
and PCA's 1,309,177 2.0% 10,870,763 16.5%
----------------- ------------- ------------ ------------- ---------------
Jon Jayal
and PCA's 100,000 0.2% 360,200 0.5%
----------------- ------------- ------------ ------------- ---------------
Gary Mullins
and PCA's 629,848 1.0% 2,199,395 3.3%
----------------- ------------- ------------ ------------- ---------------
Following the Placing, the aggregate Mullins family shareholding
(comprising Gary Mullins, Sophie Mullins, Mark Mullins, John
Mullins and Susan Mullins) amounts to 7,375,815 Ordinary Shares,
representing approximately 11.2% of the issued share capital of the
Company.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information please contact:
Quixant plc Tel: +44 (0) 1223 892696
Jon Jayal (Chief Executive Officer)
Cresten Preddy (Chief Financial Officer)
Nominated Adviser and Broker:
finnCap Ltd Tel: +44 (0) 20 7220 0500
Matt Goode / Simon Hicks (Corporate Finance)
Simon Johnson / Alice Lane (Corporate Broking)
Financial PR: Tel: +44 (0) 7909 009173
Alma PR
John Coles
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 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.
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 Nick Jarmany - Executive Vice-Chairman
Francesca Marzilli (PCA)
--- ------------------------------- ---------------------------------------
2. Reason for the Notification
--- ------------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------------- ---------------------------------------
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 2138003VERSWQP561X71
--- ------------------------------- ---------------------------------------
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 Ordinary shares of 0.1p
the Financial
instrument, type
of instrument
---
Identification GB00B99PCP71
code
--- ------------------------------- ---------------------------------------
b) Nature of the Sales of ordinary shares
transaction
--- ------------------------------- ---------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
410p 1,309,177
--------- ----------
--- ------------------------------- ---------------------------------------
d) Aggregated information: Sale of 1,309,177 ordinary
* Aggregated volume shares at 410p per ordinary
share
* Price
--- ------------------------------- ---------------------------------------
e) Date of the transaction 27/04/2018
--- ------------------------------- ---------------------------------------
f) Place of the AIM Market (XLON)
transaction
--- ------------------------------- ---------------------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name Jon Jayal - Chief Executive
Officer
--- ------------------------------- --------------------------------
2. Reason for the Notification
--- -----------------------------------------------------------------
a) Position/status PDMR
--- ------------------------------- --------------------------------
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 2138003VERSWQP561X71
--- ------------------------------- --------------------------------
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 Ordinary shares of 0.1p
the Financial
instrument, type
of instrument
---
Identification GB00B99PCP71
code
--- ------------------------------- --------------------------------
b) Nature of the Sales of ordinary shares
transaction
--- ------------------------------- --------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
410p 100,000
--------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information: Sale of 100,000 ordinary shares
* Aggregated volume at 410p per ordinary share
* Price
--- ------------------------------- --------------------------------
e) Date of the transaction 27/04/2018
--- ------------------------------- --------------------------------
f) Place of the AIM Market (XLON)
transaction
--- ------------------------------- --------------------------------
5. Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name Gary Mullins - Group Strategic
Sales Director
Sophie Mullins (PCA)
--- ------------------------------- --------------------------------
6. Reason for the Notification
--- -----------------------------------------------------------------
a) Position/status PDMR
--- ------------------------------- --------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- --------------------------------
7. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Quixant plc
--- ------------------------------- --------------------------------
b) LEI 2138003VERSWQP561X71
--- ------------------------------- --------------------------------
8. 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 Ordinary shares of 0.1p
the Financial
instrument, type
of instrument
---
Identification GB00B99PCP71
code
--- ------------------------------- --------------------------------
b) Nature of the Sales of ordinary shares
transaction
--- ------------------------------- --------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
410p 629,848
--------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information: Sale of 629,848 ordinary shares
* Aggregated volume at 410p per ordinary share
* Price
--- ------------------------------- --------------------------------
e) Date of the transaction 27/04/2018
--- ------------------------------- --------------------------------
f) Place of the AIM Market (XLON)
transaction
--- ------------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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