Trakm8 Holdings PLC Director Shareholdings & Total Voting Rights (1205Z)

TIDMTRAK

RNS Number : 1205Z

Trakm8 Holdings PLC

10 March 2017

10 March 2017

TRAKM8 HOLDINGS PLC

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

Director Shareholdings & Total Voting Rights

Trakm8, the AIM-listed telematics and data insight provider, announced on 3 March 2017 that it had conditionally raised GBP2.1 million (the "Capital Raising"), through the issue of an aggregate of 3,230,770 new ordinary shares of one penny ("Ordinary Shares") each in the capital of the Company ("New Ordinary Shares") at a price of 65 pence per Ordinary Share.

The Capital Raising was conditional, among other things, upon admission of the New Ordinary Shares to trading on the AIM market of the London Stock Exchange ("Admission") becoming effective. The Company is pleased to announce that Admission became effective at 8.00 a.m. today.

Total Voting Rights

The Company's issued share capital now comprises 35,723,254 Ordinary Shares, of which 29,000 are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights is 35,694,254. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Director Shareholdings

The following Directors participated in the Capital Raising:

 
                                        On Admission 
 Name                 Number of         Number   % Enlarged 
                   New Ordinary    of Ordinary       Voting 
                         Shares         Shares       Rights 
                     subscribed           held 
                     for in the 
                        Capital 
                        Raising 
 John Watkins*          338,461      6,177,859       17.31% 
 James Hedges*          107,692      2,250,318        6.30% 
 Tim Cowley              92,307      1,949,945        5.46% 
 Matt Cowley            153,846      1,744,203        4.89% 
 Bill Duffy             100,000        140,000        0.39% 
 Keith Evans            153,846        153,846        0.43% 
 

* the interests of these Directors includes the interests of their immediate families and any persons connected with them (within the meaning of section 252 of the Companies Act 2006).

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail of the number of Ordinary Shares subscribed for in the Capital Raising by certain Directors of the Company:

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------- 
 a)   Name                             John Watkins - Executive Chairman 
                                        James Hedges - Finance Director 
                                        Tim Cowley - Strategy Director 
                                        Matt Cowley - Big Data Director 
                                        William ("Bill") Duffy - Non-Executive 
                                        Director 
                                        Keith Evans - Non-Executive 
                                        Director 
---  -------------------------------  ---------------------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------------------- 
 a)   Position/status                  See 1(a) above for positions 
                                        - 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                   ordinary shares of 1p each 
       the Financial                    ("Ordinary Shares") 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B0P1RP10 
       code 
---  -------------------------------  ---------------------------------------- 
 b)   Nature of the                    Subscription for Ordinary 
       transaction                      Shares 
---  -------------------------------  ---------------------------------------- 
 c)   Price(s) and                      Name            Price(s)   Volume(s) 
       volume(s)                        --------------  ---------  ---------- 
                                         John Watkins    65p        338,461 
                                        --------------  ---------  ---------- 
                                         James 
                                          Hedges         65p        107,692 
                                        --------------  ---------  ---------- 
                                         Tim Cowley      65p        92,307 
                                        --------------  ---------  ---------- 
                                         Matt Cowley     65p        153,846 
                                        --------------  ---------  ---------- 
                                         Bill Duffy      65p        100,000 
                                        --------------  ---------  ---------- 
                                         Keith 
                                          Evans          65p        153,846 
                                        --------------  ---------  ---------- 
---  -------------------------------  ---------------------------------------- 
 d)   Aggregated information:          n/a 
        *    Aggregated volume 
 
 
        *    Price 
---  -------------------------------  ---------------------------------------- 
 e)   Date of the transaction          10 March 2017 
---  -------------------------------  ---------------------------------------- 
 f)   Place of the                     Outside a trading venue 
       transaction 
---  -------------------------------  ---------------------------------------- 
 

For further information please contact:

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHSFDSASFWSEFD

(END) Dow Jones Newswires

March 10, 2017 03:15 ET (08:15 GMT)