TIDMQTX

RNS Number : 1205J

Quartix Holdings PLC

27 March 2018

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                   1p Ordinary shares 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification                   QTX GB00BLZH2C83 
       code 
---  -------------------------------  --------------------------- 
 b)   Nature of the                    Exercise of options 
       transaction 
---  -------------------------------  --------------------------- 
 c)   Price(s) and                      Price(s)    Volume(s) 
       volume(s)                        ----------  ---------- 
                                         44 pence    50,000 
                                        ----------  ---------- 
---  -------------------------------  --------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           As above 
 
 
        *    Price 
---  -------------------------------  --------------------------- 
 e)   Date of the transaction          27 March 2018 
---  -------------------------------  --------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ---------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 27, 2018 09:46 ET (13:46 GMT)

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