Business
Director/PDMR Share Transfers
Director/PDMR Share Transfers.
About this update from Nexteq Plc
[{"type":"text","content":"\n\n13 March 2024\nNexteq plc\n(\"Nexteq\" or the \"Group\")\nDirector/PDMR Share Transfers\n \nNexteq (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, has been informed of the transfer of a total of, in aggregate, 70,000 ordinary shares of 0.1p each in Nexteq plc (\"Ordinary Shares\") by Nick Jarmany, Non-Executive Deputy Chair of the Group.\nThe share transfer is to six individuals by way of a gift to certain individuals and hence for nil consideration in each case. The individuals are not persons closely associated with Mr Jarmany, as defined by the Market Abuse Regulation.\nFollowing the transfer, Nick Jarmany and persons closely associated with him are subsequently interested in a total of 11,131,163 Ordinary Shares representing 16.74 per cent of the Group's issued Ordinary Share capital.\n \n\n\n\n\nNexteq plc\nJon Jayal, Chief Executive Officer\nJohan Olivier, Chief Financial Officer\n \n\n\nTel: +44 (0)1223 892 696\n\n\n\n\nNominated Adviser and Broker:\nCavendish Capital Markets Ltd\nMatt Goode / Simon Hicks (Corporate Finance)\nTim Redfern / Harriet Ward (ECM)\n \n\n\nTel: +44 (0) 20 7220 0500\n\n\n\n\nJoint Broker:\nCanaccord Genuity Limited\nSimon Bridges / Andrew Potts\n \n\n\nTel: +44 (0) 20 7523 8000\n\n\n\n\nFinancial PR:\nAlma Strategic Communications\nHilary Buchanan / Kieran Breheny \n\n\nTel: +44 (0)20 3405 0205\n\n\n\n\n \nAbout Nexteq\nNexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Its innovative technology enables the manufacturers of global electronic equipment to outsource the design, development and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business' success.\nOur solutions are delivered through a global sales team and leverage the Group's electronic hardware, software, display and mechanical engineering expertise. Our Taiwan operation is at the heart of Asian supply networks and facilitates cost effective manufacturing and strategic supply chain management.\nThe Group operates in seven countries and services over 500 customers across 50 countries.\nNexteq operates two distinct brands: Quixant, a spec...