Quixant PLC Issue of Equity (9146L)
October 06 2016 - 8:38AM
UK Regulatory
TIDMQXT
RNS Number : 9146L
Quixant PLC
06 October 2016
Quixant plc
("Quixant" or the "Company")
Issue of Equity
Quixant (AIM: QXT), a leading provider of specialised computing
platforms for gaming and slot machine applications and accessories,
today announces that it has applied to the London Stock Exchange
for 28,000 ordinary shares of GBP0.001 pence each in the Company
("Ordinary Shares") to be admitted to trading on AIM ("Admission").
The new Ordinary Shares are being issued subsequent to an exercise
of options over Ordinary Shares by an employee of the Company.
It is expected that Admission will become effective and trading
will commence in the new Ordinary Shares at 8.00 a.m. on 10 October
2016. On Admission the Company's issued share capital will comprise
65,303,182 Ordinary Shares. The Company holds no Ordinary Shares in
treasury. Accordingly, the figure of 65,303,182 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 and Transparency Rules.
For further information please contact:
Quixant plc Tel: +44 (0)1223 892696
Nick Jarmany, Chief Executive
Jon Jayal, Chief Operating
Officer
Nominated Adviser and Broker: Tel: +44(0)20 7220
0500
finnCap
Matt Goode / Grant Bergman
(Corporate Finance)
Simon Johnson / Alice Lane
(Corporate Broking)
Financial PR:
Alma PR Tel: +44(0)20 8004
4218
John Coles
Hilary Buchanan
About Quixant
Quixant, founded in 2005, designs and manufactures highly
optimised computing solutions and monitors principally to 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 much of which
is copyright protected.
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 06, 2016 08:38 ET (12:38 GMT)
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