Trakm8 Holdings PLC Director/PDMR Shareholding (4279X)

TIDMTRAK

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                   ordinary shares of 1p each 
       the Financial                    ("Ordinary Shares") 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B0P1RP10 
       code 
---  -------------------------------  ---------------------------- 
 b)   Nature of the                    Purchase of Ordinary Shares 
       transaction 
---  -------------------------------  ---------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         76.86p     65,054 
                                        ---------  ---------- 
---  -------------------------------  ---------------------------- 
 d)   Aggregated information:          Purchase of 65,054 Ordinary 
        *    Aggregated volume          Shares at 76.86 pence per 
                                        Ordinary Share 
 
        *    Price 
---  -------------------------------  ---------------------------- 
 e)   Date of the transaction          21 February 2017 
---  -------------------------------  ---------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ---------------------------- 
 

-ends-

For further information please contact:

 
                                     [phone] 
 Trakm8 Holdings plc                  8444 
 John Watkins, Executive Chairman 
 James Hedges, Finance Director 
 
                                     [phone] 
 finnCap (Nomad and broker)           0500 
 Ed Frisby / Simon Hicks - 
  corporate finance 
 Tim Redfern - corporate broking 
 
                                     [phone] 
 MHP Communications                   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

END

DSHKFLBLDLFZBBF

(END) Dow Jones Newswires

February 21, 2017 04:43 ET (09:43 GMT)