Quixant PLC Timing of Results (9222H)
March 27 2020 - 11:08AM
UK Regulatory
TIDMQXT
RNS Number : 9222H
Quixant PLC
27 March 2020
27 March 2020
Quixant plc
("Quixant" or the "Group")
Timing of Results
Quixant (AIM: QXT), a leading provider of innovative, highly
engineered technology products principally for the global gaming
and broadcast industries, announces that it has been informed by
the Group's auditor, KPMG LLP, that they will not sign any audit
opinions or consents for release of preliminary results for listed
companies until after 5 April 2020 following FCA guidance. The
Group's final results and annual report due to be announced on 31
March 2020 will, unfortunately, therefore be delayed to 6 April
2020.
Quixant intends to announce a trading update on 31 March. As
announced on 22 March 2020 the Board believes the accounts to be
substantially complete and confirms that as at 29 February 2020 net
cash was $18.5m.
For further information please contact:
Quixant plc Tel: +44 (0)1223 892
696
Jon Jayal, Chief Executive Officer
Guy Millward, 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 3405
0205
Alma PR
John Coles / Hilary Buchanan /
Kieran Breheny
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.
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END
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March 27, 2020 11:08 ET (15:08 GMT)
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