Quartix Holdings PLC Exercise of Options (6274I)

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RNS Number : 6274I

Quartix Holdings PLC

21 June 2017

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 following the exercise of options by employees, it has issued and allotted 21,000 new ordinary shares of 1 pence each in the Company (the "New Ordinary Shares") 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 26 June 2017. Following admission the Company will have 47,568,354 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 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 21, 2017 02:00 ET (06:00 GMT)