Quartix no longer enters into regulated credit agreements (agreements with individuals for longer than 12 months), therefore it has ceased to undertake regulated activities and accordingly expects to de-register with the Financial Conduct Authority (FCA), who regulate the financial services industry in the UK.

The intended de-registration will not impact any customer's existing contract terms or monthly rental charge. New credit agreements with individuals will have a maximum term of 12 months, which we believe will provide these customers greater flexibility and reduce their financial commitment.

Quartix's core objective of delivering outstanding service to all its customers is unchanged. For any customers with questions, please feel free to contact your account manager.

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Quartix Holdings plc published this content on 29 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 07:23:02 UTC.