Last checked at 30 Apr 2015 15:42
30 April 2015
Quartix Holdings plc
("Quartix" or the "Company")
Director Share Transfer
Quartix Holdings plc, a leading supplier of subscription-based vehicle tracking systems, software and services in the UK, has today been informed of a transfer of ordinary shares of 1p each in Quartix Holdings plc ("Ordinary Shares") by a director of the Company.
Having consulted with finnCap, the Company's nominated adviser, and been granted a dispensation from the terms of the lock-in agreement entered into on 29 October 2014, Andrew Walters has today transferred a total of 5,500,000 Ordinary Shares to a family trust for nil consideration. Mr Walters' beneficial holding has not changed as a result of this transfer and so he remains interested in 18,315,986 Ordinary Shares representing 39.27% of the Company's issued Ordinary Share capital.
Mr Walters' beneficial holding remains subject to the lock-in provisions and the terms of the relationship agreement set out in the admission document dated 29 October 2014.
For further information, please contact:
Quartix (www.quartix.net) Andy Walters, Managing Director David Bridge, Finance Director | 0870 0136 663 |
finnCap (Nominated Adviser and Broker) Matt Goode / Scott Mathieson (Corporate Finance) Stephen Norcross (Corporate Broking) | 020 7200 0500 |