Nexteq PLC Change of Name to Nexteq plc (1010A)
May 22 2023 - 2:00AM
UK Regulatory
TIDMNXQ
RNS Number : 1010A
Nexteq PLC
22 May 2023
22 May 2023
Nexteq plc (previously Quixant plc)
("Nexteq", the "Company" or the "Group")
Change of Name to Nexteq plc
Empowering technology
The Company confirms that its change of name to Nexteq plc has
now been completed.
It is expected that the change of name will take effect on the
AIM market of the London Stock Exchange from 8:00am today and the
Company's TIDM will change to "NXQ". The Company's current ISIN and
SEDOL will remain the same. Shareholders are unaffected by the
change of name and existing share certificates should be retained
and remain valid. Any new share certificates issued will bear the
name Nexteq plc.
The Company's website containing the information required by AIM
Rule 26 has changed to www.nexteqplc.com.
Jon Jayal, Chief Executive Officer of Nexteq plc, commented:
"Quixant was founded in 2005 as a specialist outsourced computer
technology provider for the Gaming industry. Today we are more than
230 employees supplying a diversified range of technology products
into multiple sectors, and we believe the strategy which drove our
success to date can be applied to other sectors, a journey which we
have already started in Broadcast. The change of name supports our
multi-vertical growth strategy and better reflects our value
proposition and vision for the Group as a whole, whilst maintaining
our strong brand recognition within our chosen markets. We are
excited about our next chapter as Nexteq plc. "
Nexteq plc (formerly 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 / Charlotte Sutcliffe
(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
Hilary Buchanan / Kieran Breheny
/ Will Ellis Hancock
About Nexteq plc
Nexteq (AIM: NXQ) is a leading technology partner to major
global industrial equipment manufacturers. The Group's specialist
outsourced solutions serve a range of selected end markets through
its two divisions, Quixant and Densitron, enabling its customers to
innovate where it matters most.
Nexteq consists of two distinct divisions, Quixant and
Densitron, each with dedicated sales, account management and
product innovation teams. Quixant designs and engineers gaming
computers, software systems and accessories for the gaming and
sports betting industries. Densitron produces a wide range of human
machine interface hardware to global industrial markets, with key
focus areas being the broadcast and medical sectors. Nexteq has its
own manufacturing and engineering operation based in Taiwan and
global sales, engineering and operations teams located throughout
North America, Europe and Asia..
Founded in 2005, and later floating on the London Stock
Exchange's AIM stock market as Quixant plc, the Group rebranded to
Nexteq in 2023 to reflect the increasing diversification of the
business. Headquarted in Cambridge, Nexteq has over 230
employees.
Further information on Nexteq and its divisions can be found at
www.nexteqplc.com.
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END
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