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Nexteq’s Non-Executive Chair Increases Stake in the Company

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Nexteq’s Non-Executive Chair Increases Stake in the Company

Confident Investing Starts Here:

Quixant ( (GB:NXQ) ) has issued an announcement.

Nexteq plc announced that Carol Thompson, the Non-Executive Chair, along with her closely associated persons, purchased 20,000 ordinary shares in the company at 63.84 pence per share. This purchase represents 0.03% of the company’s issued share capital. The transaction underscores confidence in the company’s strategic direction and market positioning, potentially impacting stakeholder perceptions positively.

More about Quixant

Nexteq plc is a strategic technology solutions provider serving selected industrial markets. The company offers innovative technology that allows global electronic equipment manufacturers to outsource non-core aspects of their product offerings, enabling them to focus on critical business drivers. Nexteq operates through two distinct brands, Quixant and Densitron, and has a presence in six countries, serving over 500 customers across 47 countries. The company, originally founded as Quixant plc, rebranded to Nexteq in 2023.

Average Trading Volume: 82,388

Technical Sentiment Signal: Buy

Current Market Cap: £38.33M

See more insights into NXQ stock on TipRanks’ Stock Analysis page.

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