Source - LSE Regulatory
RNS Number : 4279X
Trakm8 Holdings PLC
21 February 2017
 

TRAKM8 HOLDINGS PLC

("Trakm8", the "Group" or the "Company")

Director/PDMR Shareholding

Trakm8, the AIM-listed telematics and data insight provider, announces that on 21 February 2017, John Watkins, Executive Chairman of the Company, purchased 65,054 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 76.86 pence per Ordinary Share (the "Purchase").

Following the Purchase, John Watkins and persons closely associated with him are beneficially interested in 5,839,398 Ordinary Shares, representing approximately 18.0% of the Company's issued share capital.

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Watkins

2.               

Reason for the Notification

a)

Position/status

Executive Chairman

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Trakm8 Holdings plc

b)

LEI

n/a

4.    

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

ordinary shares of 1p each ("Ordinary Shares")

Identification code

GB00B0P1RP10

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

76.86p

65,054

d)

Aggregated information:

·      Aggregated volume

·      Price

Purchase of 65,054 Ordinary Shares at 76.86 pence per Ordinary Share

e)

Date of the transaction

21 February 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

-ends-

 

For further information please contact:

 

Trakm8 Holdings plc

+44 (0) 174 785 8444

John Watkins, Executive Chairman


James Hedges, Finance Director




finnCap (Nomad and broker)

+44 (0) 20 7220 0500

Ed Frisby / Simon Hicks - corporate finance


Tim Redfern - corporate broking




MHP Communications

+44 (0) 20 3128 8100

Reg Hoare


Charlie Barker


 

 

About Trakm8

Trakm8 is a UK based Big Data company utilising telematics as its primary enabler. Through IP owned technology, over three billion miles worth of data is collected annually through its fleet management solutions to create and fine tune algorithms used to score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiencies of customers' vehicles.

With its headquarters in Dorset and a manufacturing facility in the West Midlands, the Group supplies a number of well-known customers in the fleet management and insurance sectors across the UK and further afield including customers such as the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.

The Group's portfolio offers complete telematics solutions including dashboard cameras that enable customers to record driving incidents and mitigate the risk from "crash to cash" accidents. This is complemented through a comprehensive hardware range, which includes a self-install unit that is one of the smallest available on the global market.

The Group has recently acquired both Route Monkey and Roadsense Technologies Ltd. Route Monkey has enhanced Trakm8's logistics solution offering route scheduling and optimisation, including routing for electric vehicles. Roadsense has been acquired to strengthen the Group's presence in the SME fleet management market.

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.

www.trakm8.com / @Trakm8

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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