Business
Issue of Equity and Director/PDMR Shareholding
Issue of Equity and Director/PDMR Shareholding.
About this update from Nexteq Plc
[{"type":"text","content":"\n \nRNS Number : 8910U Quixant PLC 27 October 2017 \n\nQuixant plc\n(\"Quixant\" or the \"Company\")\n \nIssue of Equity and Director/PDMR Shareholding\n \nQuixant (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 105,000 ordinary shares of £0.001 pence each in the Company (\"Ordinary Shares\") to be admitted to trading on AIM (\"Admission\"). The new Ordinary Shares are being issued subsequent to exercises of options over Ordinary Shares (\"Options\") by certain Directors', persons discharging managerial responsibilities (\"PDMR's\") and employees of the Company.\n \nOn 27 October 2017, Cresten Preddy, Finance Director of the Company, exercised Options on 10,000 Ordinary Shares. On Admission Cresten Preddy will hold 40,000 Ordinary Shares, representing approximately 0.06% of the Company's issued share capital.\n \nFurthermore, on 27 October 2017 the following PDMR's of the Company exercised Options and subsequently sold Ordinary Shares (in certain cases) as follows:\n \n\n\n\n\nPDMR\n\n\nRole\n\n\nOptions exercised\n\n\nOrdinary Shares subsequently sold\n\n\n\n\nJohn Malin\n\n\nSales Director, Quixant UK Ltd\n\n\n5,000\n\n\n5,000\n\n\n\n\nSandra Lowman\n\n\nOperations Director, Quixant UK Ltd\n\n\n33,000\n\n\n-\n\n\n\n\nAmit Sharma\n\n\nVice President Sales & General Manager, Quixant USA Inc\n\n\n18,000\n\n\n18,000\n\n\n\n\n \nTotal Voting Rights\nIt is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 2 November 2017. On Admission the Company's issued share capital will comprise 66,034,982 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Accordingly, the figure of 66,034,982 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.\n \n \nFor further information please contact:\n \n\n\n\n\nQuixant plc\n\n\nTel: +44 (0)1223 892 696\n\n\n\n\nJon Jayal, Chief Operating Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNominated Adviser and Broker:\n\n\nTel: +44 (0)20 ...