CEO Succession Update and Trading Update
Updated : 17:45
Quartix Technologies plc
("Quartix", "the Group" or "the Company")
CEO Succession Update and Trading Update
Quartix Technologies PLC (AIM: QTX), a leading supplier of vehicle tracking systems, announces that on 18 October 2021, the Company granted 58,823 options over ordinary shares of 1 pence each ("Ordinary Shares") at an exercise price of £4.25 to Richard Lilwall, Chief Executive Officer. This grant of options represents the only options Mr. Lilwall holds. The options vest in three equal tranches in 2022,2023 and 2024.
For further information, please contact:
Quartix (www.quartix.net) Richard Lilwall, Chief Executive Officer Emily Rees, Chief Financial Officer | 01686 806 663 |
finnCap (Nominated Adviser and Broker) Matt Goode / Kate Bannatyne / Milesh Hindocha (Corporate Finance) Alice Lane (Corporate Broking)
| 020 7220 0500 |
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
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 | Richard Lilwall | ||||||
2. | Reason for the Notification | |||||||
a) | Position/status | Chief Executive 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 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 | Options over 1p Ordinary shares | ||||||
Identification code | QTX GB00BLZH2C83 | |||||||
b) | Nature of the transaction | Grant of Options | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information: ·Aggregated volume ·Price |
58,823 options over ordinary shares of 1 pence exercisable at 425 pence per ordinary share | ||||||
e) | Date of the transaction | 18 October 2021 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||
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