Exercise of Warrants

RNS Number : 4470J

Quartix Holdings PLC

17 December 2015

 

17 December 2015

Quartix Holdings plc

("Quartix" or the "Company")

Exercise of Warrants

Quartix Holdings plc, a leading supplier of subscription-based vehicle tracking systems, software and services in the UK, announces that following an exercise of warrants by a warrant holder, it has today issued and allotted 153,904 new ordinary shares of 1 pence each in the Company ("Ordinary Shares"). The warrants have been exercised at a price of 116 pence per share. Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 23 December 2015. 

The new Ordinary Shares will rank pari passu with the existing shares of the Company. Following admission the Company's issued share capital consists of 47,175,704 Ordinary Shares, each carrying one voting right. The Company does not hold any Ordinary Shares in Treasury.

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 Company under the FCA's Disclosure and Transparency Rules.

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 7220 0500

 

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