Business
Exercise of Options
Exercise of Options.
About this update from Quartix Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 0697U Quartix Holdings PLC 26 March 2019 \n\nQuartix Holdings plc\n(\"Quartix\" or the \"Company\")\n \nExercise of Options\n \nQuartix Holdings plc, a leading supplier of vehicle telematics services to the fleet and insurance sectors, announces that it has issued 91,760 new ordinary shares in the Company (the \"New Ordinary Shares\") following the exercise of 11,760 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 80,000 options to subscribe for new ordinary shares in the Company at a price of 44 pence per new ordinary share. \n \nApplication 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 1 April 2019. Following Admission the Company will have 47,938,320 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. \n \nThe information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.\n \nFor further information, please contact:\n\n\n\nQuartix (www.quartix.net)\nAndy Walters, Chief Executive Officer\nDaniel Mandis, Chief Financial Officer\n\n\n01686 806 663\n\n\n\n\nfinnCap (Nominated Adviser and Broker)\nMatt Goode /Scott Mathieson (Corporate Finance)\nAlice Lane (Corporate Broking)\n\n\n020 7220 0500\n\n\n\n \n\n\n\nCantor Fitzgerald (Join Broker)\nPhil Davies & Richard Salmon (Corporate Finance)\nCaspar Shand-Kydd & Arthur Gordon (Sales)\n\n\n020 7894 7000\n\n\n\n \n \n\nThis 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 [email protected] or visit www.rns.com. END &nb...