Quixant PLC Exercise of options (1751W)

TIDMQXT

RNS Number : 1751W

Quixant PLC

14 April 2023

Quixant plc

("Quixant" or the "Company")

Exercise of options

Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries, announces that it has applied to the London Stock Exchange for 39,000 ordinary shares of 0.1 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 two employees of the Company.

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 17 April 2023. On Admission the Company's issued share capital will comprise 66,514,060 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Accordingly, the figure of 66,514,060 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 Executive Officer 
  Johan Olivier, Chief Financial Officer 
 Nominated Adviser and Broker:             Tel: +44 (0) 20 7220 0500 
  finnCap Ltd 
  Matt Goode / Simon Hicks (Corporate 
  Finance) 
  Alice Lane / Charlotte Sutcliffe 
  (ECM) 
 Joint Broker:                             Tel: +44 (0) 20 7523 8000 
  Canaccord Genuity Limited 
  Simon Bridges / Andrew Potts 
 Financial PR:                              Tel: +44 (0)20 3405 0205 
  Alma PR 
  Hilary Buchanan / Kieran Breheny 
  / Will Ellis Hancock

About Quixant

Quixant, founded in 2005, designs and manufactures highly optimised computing solutions and monitors principally for the global gaming and broadcast industries. 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) Dow Jones Newswires

April 14, 2023 02:00 ET (06:00 GMT)

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