Quartix Holdings PLC Exercise of Options, Director/PDMR Dealing & TVR (6862T)
27 March 2021 - 12:57AM
UK Regulatory
TIDMQTX
RNS Number : 6862T
Quartix Holdings PLC
26 March 2021
Quartix Holdings PLC
("Quartix," the "Company" or the "Group")
Exercise of Share Options, Director/PDMR Shareholdings 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 35,946 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. Of the 35,946
new Ordinary Shares, 12,196 are pursuant to the exercise of options
by Daniel Mendis, Chief Operating and Financial Officer of the
Company.
Following the exercise of options, Mr Mendis is now interested
in 16,931 Ordinary Shares, representing approximately 0.04 per
cent. of the Company's total issued share capital following
Admission.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange for the
35,946 new Ordinary Shares to be admitted to trading on AIM
("Admission") and it is expected that Admission will become
effective and trading will commence as follows: at 8.00 a.m. on 30
March 2021 for 27,946 new Ordinary Shares and 8:00 a.m. on 1 April
2021 for 8,000 new Ordinary Shares.
After Admission, the total number of Ordinary Shares in issue
will be 48,299,894 and the total number of voting rights will
therefore be 48,299,894. 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.
Director/PDMR Dealings
The Remuneration Committee has separately agreed on a cash
settlement of 112,443 vested unapproved options held by Mr Mendis,
with such vested options being cancelled at the time of the cash
settlement. It is intended that the gross amount of GBP97,825 be
partially used in exercising more of Mr Mendis' options under the
Company's Enterprise Management Incentive (EMI) scheme and a
further announcement shall be made on this in due course.
The Company has also been notified that on 24 March 2021, Peter
Brown, a PDMR of the Company, sold 15,000 ordinary shares of 1
pence each ("Ordinary Shares") at a price of 540 pence per Ordinary
Share. As a result, Mr Brown is now interested in 201,434 Ordinary
Shares of the Company, representing approximately 0.42 per cent. of
the Company's total issued share capital.
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 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)
Exercise
of Options 270 pence 12,196
----------- ----------
------------------------------- ----------------------------------------
d) Aggregated information:
* Aggregated volume As above
* Price
------------------------------- ----------------------------------------
e) Date of the transaction 24 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 Peter Brown
------------------------------- --------------------------------------
2. Reason for the Notification
-----------------------------------------------------------------------
a) Position/status PDMR/Senior Management
------------------------------- --------------------------------------
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 Sale of Ordinary Shares
------------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Sale of
Ordinary
Shares 540 pence 15,000
----------- ----------
------------------------------- --------------------------------------
d) Aggregated information:
* Aggregated volume As above
* Price
------------------------------- --------------------------------------
e) Date of the transaction 24 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 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 1p Ordinary shares
Financial instrument,
type of instrument
Identification code QTX GB00BLZH2C83
------------------------------- ----------------------------------------
b) Nature of the transaction Cancellation of Options
------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Cancellation
of Options - 112,443
---------- ----------
------------------------------- ----------------------------------------
d) Aggregated information:
* Aggregated volume As above
* Price
------------------------------- ----------------------------------------
e) Date of the transaction 24 March 2021
------------------------------- ----------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------------
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