Quixant PLC Director/PDMR Shareholding (6357T)
July 04 2018 - 11:36AM
UK Regulatory
TIDMQXT
RNS Number : 6357T
Quixant PLC
04 July 2018
Quixant plc
("Quixant" or the "Company")
Director/PDMR Shareholding
Quixant (AIM: QXT), a leading provider of specialised computing
platforms for gaming and slot machine applications, announces that
it was informed on 2 July 2018 that Ivan Chen, Vice President,
Quixant plc Taiwan Branch and a PDMR of the Company, has sold a
total of 49,356 ordinary shares of 0.1p each ("Ordinary Shares") at
an average price of 425.2p per Ordinary Share.
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)
Alice Lane (Corporate Broking)
Financial PR: Tel: +44 (0) 20 8004 4218
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.
The information contained in this announcement is inside
information for the purposes of article 7 of Regulation
596/2014.
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: Ivan Chen
--- -------------------------------- ---------------------------------
2. Reason for the notification
--- -------------------------------------------------------------------
a) Position/status: Vice President, Quixant
plc Taiwan Branch / 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 the Ordinary shares of 0.1p
financial instrument,
type of instrument: GB00B99PCP71
Identification code:
--- -------------------------------- ---------------------------------
b) Nature of the transaction: Sale of Ordinary Shares
--- -------------------------------- ---------------------------------
c) Price(s) and volume(s): Price(s) Volume(s) Date
--------- ---------- --------
4 June
436p 5,000 2018
--------- ---------- --------
6 June
435p 3,000 2018
--------- ---------- --------
7 June
443.67p 1,356 2018
--------- ---------- --------
29 June
422.5p 40,000 2018
--------- ---------- --------
--- -------------------------------- ---------------------------------
d) Aggregated information: See 4 (c) above
* Aggregated volume:
* Price:
--- -------------------------------- ---------------------------------
e) Date of the transaction: See 4(c) above
--- -------------------------------- ---------------------------------
f) Place of the transaction: London Stock Exchange, AIM
Market (XLON)
--- -------------------------------- ---------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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