Quartix Holdings plc, the leading supplier of subscription-based vehicle tracking systems, software and services in the UK, has announced its float on London’s AIM.
Quartix comes to market having successfully completed a £11.4m placing.
This gives it a market capitalisation of £54.1m, through which Miton Asset Management LTD, Ennismore Fund Management LTD and BlackRock Investment Management (U.K.) LTD have taken 9.2%, 3.9% and 3.7% of the company’s share capital respectively, having had a very positive response from a range of institutions.
