TIDMQTX

RNS Number : 7056P

Quartix Technologies PLC

11 October 2023

CORRECTION: Board Changes

The following amendment has been made to the 'Board Changes' announcement released on 10 October at 5:00pm under RNS No 6840P.

In the contact details of the announcement Richard Lilwall was incorrectly stated as still being the Chief Executive Officer, where this should have read 'Andrew Walters, Executive Chair'.

All other details remain unchanged.

Quartix Technologies plc

("Quartix", "the Group" or "the Company")

Board Changes

Quartix announces that Richard Lilwall, Chief Executive Officer, has stepped down from the Board and left the Company. The Company wishes him well in the future.

Andy Walters, founder and previously CEO of the Company, will become Executive Chairman, with immediate effect. Dan Mendis, who was CFO and COO of the Company until 2021 will support Andy by taking the position of Commercial and Operations Director, a non-board position, starting in November. Dan will be responsible for the sales, marketing and operations teams. Andy will also be supported by the Company's CFO, Emily Rees, and CTO, Laura Seffino.

For further information, please contact:

 
  Quartix (www.quartix.net) 
   Andrew Walters, Executive Chair 
   Emily Rees, Chief Financial Officer             01686 806 663 
  Cavendish Capital Markets Limited (Nominated 
   Adviser and Broker) 
   Matt Goode / Seamus Fricker (Corporate 
   Finance) 
   Tim Redfern / Sunila de Silva (Corporate 
   Broking)                                         020 7220 0500

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END

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October 11, 2023 02:00 ET (06:00 GMT)

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