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Quartix Issues New Shares on Director Option Exercise and Confirms AIM Voting Rights

Story Highlights
  • Quartix issued 25,125 new shares after director Daniel Mendis exercised options, lifting his stake and total voting shares to 48,455,281.
  • Quartix will brief investors at the MelloMonday webinar, underscoring management-shareholder alignment and clarifying its updated capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Quartix Issues New Shares on Director Option Exercise and Confirms AIM Voting Rights

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Quartix Holdings ( (GB:QTX) ) has shared an update.

Quartix Technologies has issued 25,125 new ordinary shares following the exercise of share options by Commercial and Operations Director Daniel Mendis, increasing his holding to 63,103 shares, or about 0.13% of the enlarged share capital. Following admission of the new shares to trading on AIM, expected on 13 April 2026, Quartix’s total shares and voting rights will rise to 48,455,281, a reference figure for investors monitoring disclosure thresholds.

The company will also engage with investors at the MelloMonday online event on 13 April 2026, where Finance Director Sally Morton and Mr. Mendis will present and take questions via webinar. The combination of a minor management option exercise and proactive investor outreach underlines ongoing alignment between Quartix’s leadership and shareholders, while modestly expanding the company’s free float and confirming its updated capital structure.

The most recent analyst rating on (GB:QTX) stock is a Buy with a £239.00 price target. To see the full list of analyst forecasts on Quartix Holdings stock, see the GB:QTX Stock Forecast page.

Spark’s Take on QTX Stock

According to Spark, TipRanks’ AI Analyst, QTX is a Outperform.

The score is driven primarily by strong financial performance (notably a very low-debt balance sheet and improved profitability) and supportive valuation (low P/E with a dividend). These positives are partially offset by weak technical signals, with the stock trading below key moving averages and negative MACD indicating subdued momentum.

To see Spark’s full report on QTX stock, click here.

More about Quartix Holdings

Quartix Technologies is a leading European provider of vehicle telematics services and driver analytics, supplying fleet tracking and data insights to commercial customers. The company is listed on London’s AIM market and focuses on connected vehicle technology that supports efficient fleet management and driver performance monitoring.

Average Trading Volume: 51,365

Technical Sentiment Signal: Sell

Current Market Cap: £108M

See more data about QTX stock on TipRanks’ Stock Analysis page.

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