Director Share Transfer

19 April 2016

Quartix Holdings plc

("Quartix" or the "Company")

Director Share Transfers

Quartix Holdings plc, a leading supplier of subscription-based vehicle tracking systems, software and services in the UK, has today been informed of separate transfers of ordinary shares of 0.1p each in Quartix Holdings plc ("Ordinary Shares") by a director of the Company and his wife.

Having consulted with finnCap, the Company's nominated adviser, and received permission to deal under the terms of the orderly market requirements of the lock-in agreement entered into on 29 October 2014, Paul Boughton and his wife have today transferred a total of 8,400 Ordinary Shares each to their ISAs. To affect the transfer the shares were sold at 312 pence and repurchased at 312.4 pence. Mr. Boughton's beneficial holding has not changed as a result of this transfer and so he remains interested in 40,000 Ordinary Shares representing 0.08% of the Company's issued Ordinary Share capital.

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