Quartix Holdings PLC Exercise of Options (6569X)

TIDMQTX

RNS Number : 6569X

Quartix Holdings PLC

13 August 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 86,956 new ordinary shares in the Company (the "New Ordinary Shares") following the exercise of 86,956 options to subscribe for new ordinary shares in the Company at a price of 287.5 pence per new ordinary share. The options were exercised by Edward Ralph the Chief Operating Officer. Following the issue of the New Ordinary Shares Mr Ralph will be beneficially interested in 184,529 ordinary shares in the Company, representing approximately 0.39 per cent. of the issued share capital.

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 17 August 2018. Following Admission the Company will have 47,796,560 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                             Edward Tatsuya Ralph 
                -------------------------------  ---------------------------------- 
            2.   Reason for the Notification 
                ------------------------------------------------------------------- 
 a)              Position/status                  Chief Operating Officer 
                -------------------------------  ---------------------------------- 
 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               1p Ordinary shares 
                  Financial instrument, 
                  type of instrument 
                 Identification code              QTX GB00BLZH2C83 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Exercise of options 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)            Price(s)       Volume(s) 
                                                    287.5 pence    86,956 
                                                                  ---------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information: 
                   *    Aggregated volume           As above 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          13 August 2018 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 13, 2018 11:12 ET (15:12 GMT)