Director Share Transfer

RNS Number : 9103L

Quartix Holdings PLC

30 April 2015

 

30 April 2015

Quartix Holdings plc

("Quartix" or the "Company")

Director Share Transfer

Quartix Holdings plc, a leading supplier of subscription-based vehicle tracking systems, software and services in the UK, has today been informed of a transfer of ordinary shares of 1p each in Quartix Holdings plc ("Ordinary Shares") by a director of the Company.

Having consulted with finnCap, the Company's nominated adviser, and been granted a dispensation from the terms of the lock-in agreement entered into on 29 October 2014, Andrew Walters has today transferred a total of 5,500,000 Ordinary Shares to a family trust for nil consideration. Mr Walters' beneficial holding has not changed as a result of this transfer and so he remains interested in 18,315,986 Ordinary Shares representing 39.27% of the Company's issued Ordinary Share capital.

Mr Walters' beneficial holding remains subject to the lock-in provisions and the terms of the relationship agreement set out in the admission document dated 29 October 2014.

For further information, please contact:

Quartix (www.quartix.net) Andy Walters, Managing Director David Bridge, Finance Director	0870 0136 663
finnCap (Nominated Adviser and Broker) Matt Goode / Scott Mathieson (Corporate Finance) Stephen Norcross (Corporate Broking)	020 7200 0500

 

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