Trakm8 Holdings PLC Director/PDMR Shareholding (8085N)

TIDMTRAK

RNS Number : 8085N

Trakm8 Holdings PLC

11 August 2017

TRAKM8 HOLDINGS PLC

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

Director/PDMR Shareholding

Trakm8, the AIM quoted telematics and data provider to the global market place, announces that on 10 August 2017, John Watkins, Executive Chairman of the Company, transferred 338,461 ordinary shares of 1 pence each in the Company ("Ordinary Shares") from being held in his own name to being held by Chase Nominees (the "Transfer").

Following the Transfer, Mr Watkins' total beneficial holding in the Company remains unchanged at 6,177,859 Ordinary Shares, representing approximately 17.3% 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 / PDMR 
---  -------------------------------  ----------------------------- 
 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                              213800I7RQRIKCSHY846 
---  -------------------------------  ----------------------------- 
 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                    Transfer of Ordinary Shares 
       transaction 
---  -------------------------------  ----------------------------- 
 c)   Price(s) and                      Price(s)    Volume(s) 
       volume(s)                        ----------  ---------- 
                                         n/a         338,461 
                                        ----------  ---------- 
---  -------------------------------  ----------------------------- 
 d)   Aggregated information:          Transfer of 338,461 Ordinary 
        *    Aggregated volume          Shares 
 
 
        *    Price 
---  -------------------------------  ----------------------------- 
 e)   Date of the transaction          10 August 2017 
---  -------------------------------  ----------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ----------------------------- 
 

For further information please contact:

 
 Trakm8 Holdings plc                  [phone] 
 John Watkins, Executive Chairman 
  James Hedges, Finance Director 
 MHP Communications (Financial 
  PR to Trakm8)                      [phone] 
 Reg Hoare / Charlie Barker 
 finnCap (Nomad & Broker to 
  Trakm8)                            [phone] 
 Ed Frisby / Simon Hicks - 
  corporate finance 
  Tim Redfern / Richard Chambers 
  - corporate broking 
 

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

This information is provided by RNS

The company news service from the London Stock Exchange

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August 11, 2017 08:01 ET (12:01 GMT)