Quixant PLC Grant of Options (7752Q)
29 Octubre 2021 - 8:28AM
UK Regulatory
TIDMQXT
RNS Number : 7752Q
Quixant PLC
29 October 2021
29 October 2021
Quixant plc
("Quixant" or the "Company")
Grant of Options
Quixant (AIM:QXT), a leading provider of innovative, highly
engineered technology products principally for the global gaming
and broadcast industries , announces that on 25 October 2021 the
Board granted a total of 125,000 options ("Options") over ordinary
shares of 0.1 pence each in the capital of the Company ("Ordinary
Shares") to Johan Olivier, Chief Financial Officer of the Company,
as follows:
Number of Shares Exercise price
100,000 190p
---------------
25,000 0.1p
---------------
The Options are exercisable from the date of the release of the
Company's accounts for the year ending 31 December 2023. The
Options are exercisable subject to the growth of the diluted
earnings per Ordinary Share (as set out in each of the audited
accounts for the years ending 31 December 2021, 2022 and 2023)
being equal to or greater than 10 per cent in each financial
year.
Following the Grant, there are a total of 1,314,790 Options
outstanding, representing approximately 2% of the current issued
share capital of the Company.
Further detail is set out in the PDMR disclosure table
below.
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 (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
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 and broadcast industries. The Company is
headquartered in Cambridge in the UK, with offices throughout
Europe, North America and Asia. Quixant has its own manufacturing
and engineering operation based in Taiwan and software engineering
and customer support teams based in Italy and Slovenia. 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.
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: Johan Olivier
--------------------------------- ------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Chief Financial Officer
--------------------------------- ------------------------------------
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 financial Options over Ordinary shares of
instrument, type of instrument: 0.1p
Identification code:
GB00B99PCP71
--------------------------------- ------------------------------------
b) Nature of the transaction: Purchase of ordinary shares of 0.1p
--------------------------------- ------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
190.0p 100,000
----------
0.1p 25,000
----------
--------------------------------- ------------------------------------
d) Aggregated information: See 4 (c)
* Aggregated volume:
* Price:
--------------------------------- ------------------------------------
e) Date of the transaction: 25 October 2021
--------------------------------- ------------------------------------
f) Place of the transaction: Off market transaction
--------------------------------- ------------------------------------
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END
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October 29, 2021 09:28 ET (13:28 GMT)
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