REG - Quartix Technologies - Grant of Options
Mon 17:45
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RNS Number : 2709C Quartix Technologies PLC 06 October 2025
Quartix Technologies plc
("Quartix", "the Group" or "the Company")
Grant of Options
Quartix Technologies plc, a leading supplier of subscription-based vehicle
tracking software and services, announces that on 6 October 2025, the Company
granted 27,500 options over ordinary shares of 1 penny each ("Ordinary
Shares") exercisable at the nominal share price to Daniel Mendis, Commercial
and Operations Director.
This grant of options forms part of his remuneration and represents the only
options Mr Mendis holds. The grant is subject to performance conditions and
objectives on key measures of business performance covering net growth in
annual recurring revenue from new business, channel development in target
markets and sales organisation and efficiency. The options vest in a single
tranche in 2026, to the extent that the conditions are met by then and must be
held for at least 12 months. Mr Mendis currently holds 51,978 Ordinary Shares
in the Company, representing 0.11 per cent. of the issued share capital of the
Company.
The Company also announces the granting of 21,052 options over Ordinary Shares
to each of the following PDMRs, also on 6 October 2025:
· Sally Morton, Company Secretary and Finance Director
· Glen Middleton, Head of Telematics
· Sean Maher, Sales Director
· Ian Pawley, Head of Infrastructure and Support
The options are exercisable at the price of 285 pence per share and will vest
on 6 October 2028, subject to continued employment at that date.
For further Information please contact:
Quartix (www.quartix.com) 01686 806 663
Andrew Walters, Executive Chairman
Sally Morton, Finance Director and Company Secretary
Cavendish Capital Markets Limited (Nominated Adviser and Broker) 020 7200 0500
Matt Goode / Seamus Fricker / Trisyia Jamaludin (Corporate Finance)
Sunila de Silva (Corporate Broking)
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 Commercial and Operations Director
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Quartix Technologies 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 Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
1p 27,500
d) Aggregated information:
· Aggregated volume As above
· Price
e) Date of the transaction 6 October 2025
f) Place of the transaction Outside of trading venue
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
6 October 2025
f)
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sally Morton
2. Reason for the Notification
a) Position/status Company Secretary and Finance Director
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Quartix Technologies 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 Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
285p 21,052
d) Aggregated information:
· Aggregated volume As above
· Price
e) Date of the transaction 6 October 2025
f) Place of the transaction Outside of trading venue
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
6 October 2025
f)
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Glen Middleton
2. Reason for the Notification
a) Position/status Head of Telematics
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Quartix Technologies 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 Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
285p 21,052
d) Aggregated information:
· Aggregated volume As above
· Price
e) Date of the transaction 6 October 2025
f) Place of the transaction Outside of trading venue
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
6 October 2025
f)
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sean Maher
2. Reason for the Notification
a) Position/status Sales Director
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Quartix Technologies 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 Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
285p 21,052
d) Aggregated information:
· Aggregated volume As above
· Price
e) Date of the transaction 6 October 2025
f) Place of the transaction Outside of trading venue
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
6 October 2025
f)
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ian Pawley
2. Reason for the Notification
a) Position/status Head of Infrastructure and Support
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Quartix Technologies 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 Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
285p 21,052
d) Aggregated information:
· Aggregated volume As above
· Price
e) Date of the transaction 6 October 2025
f) Place of the transaction Outside of trading venue
d)
Aggregated information:
· Aggregated volume
· Price
As above
e)
Date of the transaction
6 October 2025
f)
Place of the transaction
Outside of trading venue
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