12 September 2023
Nexteq Plc
(the "Company" or the "Group")
Director Shareholding and Change of Name of Nominated Adviser and Broker
Nexteq (AIM:NXQ), a leading technology solutions provider to customers in selected industrial markets, announces that on 11 September 2023 Jon Jayal, Chief Executive Officer, purchased 5,153 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 125.89 pence per Ordinary Share (the "Purchase").
Following the Purchase, Jon Jayal is beneficially interested in 394,720 Ordinary Shares, representing approximately 0.59 per cent of the Company's issued share capital.
Change of Name of Nominated Adviser and Broker
The Company also announces that its Nominated Adviser and Joint Broker has changed its name to Cavendish Capital Markets Limited following completion of its own corporate merger.
For further information please contact:
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Quixant plc Jon Jayal, Chief Executive Officer Johan Olivier, Chief Financial Officer |
Tel: +44 (0)1223 892 696 |
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Nominated Adviser and Broker: Cavendish Capital Markets Limited Matt Goode / Simon Hicks (Corporate Finance) Charlotte Sutcliffe (ECM) |
Tel: +44 (0) 20 7220 0500 |
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Joint Broker: Canaccord Genuity Limited Simon Bridges / Andrew Potts |
Tel: +44 (0) 20 7523 8000 |
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Financial PR: Alma PR Hilary Buchanan / Kieran Breheny / Will Ellis Hancock |
Tel: +44 (0)20 3405 0205 |
The notifications below are made in accordance with Article 19(3) of the Market Abuse Regulation:
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jon Jayal |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Nexteq plc |
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b) |
LEI |
2138003VERSWQP561X71 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 0.1 pence each |
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Identification code |
GB00B99PCP71 |
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b) |
Nature of the transaction |
Purchase of ordinary shares of 0.1p |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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125.89p |
5,153 |
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d) |
Aggregated information |
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- Aggregated volume |
Purchase of 5,153 ordinary shares at a price of 125.89p per ordinary share |
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- Price |
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e) |
Date of the transaction |
11 September 2023 |
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f) |
Place of the transaction |
London Stock Exchange |
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