23 October 2019
Quartix Holdings plc
("Quartix", "the Group" or "the Company")
Quartix Holdings plc, a leading international supplier of subscription-based vehicle tracking systems, software and services, is pleased to announce that Laura Seffino has been appointed as Chief Technology Officer and to the Board of the Company. Furthermore, Daniel Mendis, Chief Financial Officer, has assumed additional responsibilities for the operation and management of the Company and hence has been appointed as Chief Operating and Financial Officer. Both appointments were agreed at a committee of the Board on 22nd October, and are effective immediately.
Laura Seffino was previously appointed to the Board of Quartix Ltd in February 2019, having joined as Head of Software in June 2018. Prior to joining Quartix Laura spent 17 years in software development, project management and delivery roles at 1Spatial plc, Cambridge. Laura has Bachelor's and Master's degrees in Computer Science from the Universidad Nacional del Sur in Argentina and the State University of Campinas, Brazil, respectively. In her new role Laura now holds responsibility for Group technology, strategy, development and implementation as an Executive Director of the Company's Board.
Daniel Mendis was appointed to the Board of Quartix Holdings plc in January 2018 and was subsequently given additional operational and commercial responsibilities in December 2018. Daniel's new appointment reflects the additional operational and commercial responsibilities which have been transferred to him from Andy Walters, Chief Executive, since then.
Andy Walters, Chief Executive Officer, Quartix, commented: "I am delighted with the progress that both Dan and Laura have made in their roles, and these promotions reflect the contribution that they, together with the broader operational management team, are making to the successful development of the business."
For further information, please contact:
Quartix (www.quartix.net) 01686 806 663
Andrew Walters, Chief Executive Officer
Daniel Mendis, Chief Operating and Financial Officer
finnCap (Nominated Adviser and Broker) 020 7200 0500
Matt Goode / Scott Mathieson / Hannah Boros (Corporate Finance)
Alice Lane (Corporate Broking)
Cantor Fitzgerald Europe (Joint Broker) 020 7894 7000
Phil Davies / Richard Salmond (Corporate Finance)
Caspar Shand-Kydd / Arthur Gordon (Sales)
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
In accordance with the AIM Rules, the following information required to be disclosed in relation to Laura Seffino is set out below. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules.
· Laura Andrea Seffino, age 48
· At the date of this announcement Laura does not hold any Ordinary Shares in the Company, but holds 92,592 share options over Ordinary Shares exercisable on 1 March 2020, 2021 and 2022.
Past directorships in the last 5 years
Founded in 2001, Quartix is a leading supplier of subscription-based vehicle tracking systems, software and services. The Group provides an integrated tracking and telematics data analysis solution for fleets of commercial vehicles and motor insurance providers which improves productivity and safety and which lowers costs by capturing, analysing and reporting vehicle and driver data.
Quartix is based in the UK and is listed on the AIM market of the London Stock Exchange (AIM:QTX).
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