Source - LSE Regulatory
RNS Number : 0860K
Trakm8 Holdings PLC
04 July 2017
 

4 July 2017

TRAKM8 HOLDINGS PLC

 

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

 

Issue of Options

 

 

Trakm8, the AIM quoted telematics and data provider to the global market place, announces that the Company has today granted a total of 725,000 options ("Options") over ordinary shares of 1 pence each ("Ordinary Shares") to certain PDMRs and employees of the Company. The Options have an exercise price of 98.5 pence per Ordinary Share (being the mid-market closing price of an Ordinary Share on 3 July 2017) and are exercisable at any time between 4 July 2020 and 3 July 2027.

 

 

The following persons discharging managerial responsibility ("PDMRs") have been granted Options:

 

Name

Role

Number of Options granted

Total  number of Options held

Keith Evans

Non-Executive Deputy Chairman

75,000

75,000

John Watkins

Executive Chairman

75,000

550,000

Mark Watkins

Chief Operating Officer

75,000

350,000

Bill Duffy

Non-Executive Director

75,000

75,000

Jon Law

PDMR

75,000

325,000

Colin Ferguson

PDMR

75,000

135,000

 

Further information is set out in the PDMR disclosure tables below.

 

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 / Richard Chambers - corporate broking

 

 

 

MHP Communications

+44 (0) 20 3128 8100

Reg Hoare / Charlie Barker

 

 

 

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

About Trakm8

Trakm8 is a UK based Big Data company supplying telematics-based solutions and data insight to the global market. Through IP owned technology, The Group analyses billions of miles worth of data to create and fine tune algorithms. These are used to produce telematics based solutions that score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.

 

The Group's product portfolio includes cameras (including the recently launched integrated telematics camera), self-installed telematics units and technology to eliminate distracted driving due to mobile phones.

 

Headquartered in Dorset with a manufacturing facility in the West Midlands, the Group supplies, through its dedicated business units Fleet, Optimisation, Insurance and Automotive, many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.

 

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

 

www.trakm8.com / @Trakm8

 

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

Keith Evans                        Non-Executive Deputy Chairman

John Watkins                     Executive Chairman

Mark Watkins                    Chief Operating Officer

Bill Duffy                             Non-Executive Director

Jon Law                              PDMR

Colin Ferguson                 PDMR

2.               

Reason for the Notification

a)

Position/status

See 1(a) above - all classified as PDMRs of the Company

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

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

Identification code

GB00B0P1RP10

b)

Nature of the transaction

Issue of Options over Ordinary Shares

c)

Price(s) and volume(s)

Keith Evans

Price(s)

Volume(s)

98.5p

75,000

 

John Watkins

Price(s)

Volume(s)

98.5p

75,000

 

Mark Watkins

Price(s)

Volume(s)

98.5p

75,000

 

Bill Duffy

Price(s)

Volume(s)

98.5p

75,000

 

Jon Law

Price(s)

Volume(s)

98.5p

75,000

 

Colin Ferguson

Price(s)

Volume(s)

98.5p

75,000

 

d)

Aggregated information:

·     Aggregated volume

·     Price

See 4 (c) above

 

e)

Date of the transaction

4 July 2017

f)

Place of the transaction

Outside a trading venue

 


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