REG - Quartix Holdings PLC - Exercise of Options, Director/PDMR Dealing & TVR

Quartix TechnologiesAnnouncement

12/03/2021 13:35

RNS Number : 1464S
  
Quartix Holdings PLC
  
12 March 2021
  
 

Quartix Holdings PLC
("Quartix," the "Company" or the "Group'')
Exercise of share options, Director/PDMR Shareholding and Total Voting Rights
Quartix Holdings PLC (AIM: QTX), a leading supplier of vehicle tracking systems, announces that it has issued and allotted a total of 279,267 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") following the exercise of options by certain employees under the Company's share scheme.  These employees included (but were not limited to) Daniel Mendis and Sean Maher, both of whom are considered by the Company to be Persons Discharging Managerial Responsibilities.
In order to fund the exercise price and their personal tax liabilities, Mr Mendis and Mr Maher subsequently agreed to the sale of 20,211 and 23,111 Ordinary Shares respectively. The sale was made at a price of 447 pence per Ordinary Share on 10 March 2021. Following the above transactions, Mr Mendis and Mr Maher hold 4,735 and 42,910 Ordinary Shares, representing approximately 0.01 and 0.09 per cent. of the Company's total issued share capital, respectively. 
Application has been made to the London Stock Exchange for the 279,267 new 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 16 March 2021.
After Admission, the total number of Ordinary Shares in issue will be 48,263,948 and the total number of voting rights will therefore be 48,263,948. 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.
 
For further Information please contact:








Quartix (www.quartix.net)
Andrew Walters, Chief Executive Officer
Daniel Mendis, Chief Operating and Financial Officer
 


01686 806 663




finnCap (Nominated Adviser and Broker)
Matt Goode / Kate Bannatyne (Corporate Finance)
Alice Lane (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


Daniel Mendis 




2.


Reason for the Notification




a)


Position/status


Chief Operating and Financial 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 Financial instrument, type of instrument


1p Ordinary shares 




Identification code


QTX GB00BLZH2C83




b)


Nature of the transaction


Exercise of Options and Sale of Ordinary shares




c)


Price(s) and volume(s)






 


Price(s)


Volume(s)




Exercise of Options 


270


24,946




Sale of Ordinary Shares 


447


20,211




 




d)


Aggregated information:

·       Aggregated volume
·       Price



 
As above
 




e)


Date of the transaction


10 March 2021




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)




 
 
 




1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Sean Maher 




2.


Reason for the Notification




a)


Position/status


PDMR




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 and Sale of Ordinary shares




c)


Price(s) and volume(s)






 


Price(s)


Volume(s)




Exercise of Options 


270


28,500




Sale of Ordinary Shares 


447


23,111




 




d)


Aggregated information:

·       Aggregated volume
·       Price



 
As above
 




e)


Date of the transaction


10 March 2021




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)




 
 

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