Quixant PLC Appointment of Interim CFO (5110W)

TIDMQXT

RNS Number : 5110W

Quixant PLC

19 August 2020

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

19 August 2020

Quixant plc

("Quixant" or the "Company" or the "Group")

Appointment of Interim CFO

Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries, is pleased to announce the appointment of Andrew Jarvis, FCCA to the business as Interim CFO.

Andrew is a strategic finance business leader with significant and broad global experience across a number of industries as well as a strong background in commercial business partnering. Prior to Quixant Andrew led an international finance team as Finance Director at Mars Horsecare, a $60m business operating within the Mars Group. Before this he spent seven years in Dubai working in senior finance roles; as Regional CFO for technology business Picsolve International and Head of Project Accounting at WS Atkins, a design, engineering and project management consultancy business. Andrew is a chartered certified accountant.

Jon Jayal, Chief Executive stated:

"We are delighted to welcome Andrew to the business. We believe his commerciality, understanding of international business and experience in leading high performing finance teams will support the achievement of our growth objectives".

For further information please contact:

 
 Quixant plc                              Tel: +44 (0)1223 892 696 
 Jon Jayal, Chief Executive 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 / Susie Hudson / David 
  Ison / Kieran Breheny

About Quixant

Quixant, founded in 2005, was established as a designer and manufacturer of highly optimised computing and display solutions for the global gaming industry. Through the acquisition of Densitron Technologies plc in 2015, the Company diversified into other markets and has a focused technology offering for the broadcast sector, leveraging the business' extensive sector knowledge across many industries.

The Company is headquartered in Cambridge in the UK, with a global customer base and offices in North America, Europe and Asia. The Taiwanese operation is responsible for design, procurement and manufacturing of the Company's products. Quixant owns all its IP, some of which is protected by patents and design rights.

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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