9 Aug 2016 09:13
Quartix Holdings plc
("Quartix" or the "Company")
Exercise of Options
Quartix Holdings plc, a leading supplier of subscription-based vehicle tracking systems, software and services in the UK, announces that it has issued 53,000 new ordinary shares in the Company (the "New Ordinary Shares") following the exercise of 50,000 options to subscribe for new ordinary shares in the Company at a price of 44 pence per new ordinary share and the exercise of a further 3,000 options to subscribe for new ordinary shares in the Company at a price of 219 pence per new ordinary share.
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 15 August 2016. Following Admission the Company will have 47,345,954 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, Managing Director David Bridge, Finance Director | 01686 806 663 |
finnCap (Nominated Adviser and Broker) Matt Goode /Scott Mathieson (Corporate Finance) Stephen Norcross (Corporate Broking) | 020 7220 0500 |
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) |
| ||||||
d) | Aggregated information: · Aggregated volume · Price |
50,000 ordinary shares of 1 pence bought at 44 pence per ordinary share
| ||||||
e) | Date of the transaction | 8 August 2016 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||
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 | Claire Maureen Devney | ||||||
2. | Reason for the Notification | |||||||
a) | Position/status | US Business Director | ||||||
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) |
| ||||||
d) | Aggregated information: · Aggregated volume · Price |
3,000 ordinary shares of 1 pence bought at 219 pence per ordinary share
| ||||||
e) | Date of the transaction | 8 August 2016 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||
Quartix Tech (QTX)