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Quartix Holdings PLC  -  QTX   

Exercise of Options

Released 14:46 27-Mar-2018

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 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)

Price(s)

Volume(s)

44 pence

50,000



d)

Aggregated information:

·      Aggregated volume

·      Price

 

As above

 

e)

Date of the transaction

27 March 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Exercise of Options - RNS