27 Mar 2018 14:46
Quartix Holdings plc
("Quartix" or the "Company")
Exercise of Options
Quartix Holdings plc, a leading supplier of vehicle telematics services to the fleet and insurance sectors, announces that it has issued 141,250 new ordinary shares in the Company (the "New Ordinary Shares") following the exercise of 11,250 options to subscribe for new ordinary shares in the Company at a price of 1 pence per new ordinary share and the exercise of a further 130,000 options to subscribe for new ordinary shares in the Company at a price of 44 pence per new ordinary share. The options were exercised by various members of staff including one PDMR.
Application has been made for the New Ordinary Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 4 April 2018. Following Admission the Company will have 47,709,604 ordinary shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
For further information, please contact:
Quartix (www.quartix.net) Andy Walters, Chief Executive Officer Daniel Mandis, Chief Financial Officer | 01686 806 663 |
finnCap (Nominated Adviser and Broker) Matt Goode /Scott Mathieson (Corporate Finance) Alice Lane (Corporate Broking) | 020 7220 0500 |
Cantor Fitzgerald (Join Broker) Marc Milmo Catherine Leftly | 020 7894 7000 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Peter David Brown | ||||||
2. | Reason for the Notification | |||||||
a) | Position/status | Systems Director - Quartix Ltd | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Quartix Holdings plc | ||||||
b) | LEI | 213800I4PGCG3QUIHC59 | ||||||
4. | Details of the transaction(s): section to be repeated 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 Financial instrument, type of instrument | 1p Ordinary shares | ||||||
Identification code | QTX GB00BLZH2C83 | |||||||
b) | Nature of the transaction | Exercise of options | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
As above
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e) | Date of the transaction | 27 March 2018 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||
Quartix Tech (QTX)