TIDMNXQ

RNS Number : 2097M

Nexteq PLC

12 September 2023

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:

 
 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 
  Cavendish Capital Markets Limited 
  Matt Goode / Simon Hicks (Corporate 
  Finance) 
  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

The notifications below are made in accordance with Article 19(3) of the Market Abuse Regulation:

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Jon Jayal 
      ---------------------------------------  ----------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Executive Officer 
      ---------------------------------------  ----------------------------------------- 
 b)    Initial notification                     Initial Notification 
        /Amendment 
      ---------------------------------------  ----------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                     Nexteq plc 
      ---------------------------------------  ----------------------------------------- 
 b)    LEI                                      2138003VERSWQP561X71 
      ---------------------------------------  ----------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                       Ordinary shares of 0.1 pence each 
        financial instrument, 
        type of instrument 
 
       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) 
                                                ------------------  ------------------ 
                                                 125.89p             5,153 
                                                ------------------  ------------------ 
 
 d)    Aggregated information 
  - Aggregated volume                      Purchase of 5,153 ordinary shares 
                                            at a price of 125.89p per ordinary 
                                            share 
 
  - Price 
 
 e)    Date of the transaction                  11 September 2023 
      ---------------------------------------  ----------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  -----------------------------------------

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END

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(END) Dow Jones Newswires

September 12, 2023 11:34 ET (15:34 GMT)

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