Trakm8 Holdings PLC Issue of Options (0860K)

TIDMTRAK

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   Total number of 
                                                        granted      Options held 
                   Non-Executive Deputy 
 Keith Evans        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                           [phone] 
 John Watkins, Executive Chairman 
 James Hedges, Finance Director 
 
 finnCap (Nomad and broker)                    [phone] 
 Ed Frisby / Simon Hicks - corporate 
  finance 
 Tim Redfern / Richard Chambers - corporate 
  broking 
 
 MHP Communications                            [phone] 
 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               Options over ordinary shares of 1p 
       Financial instrument,            each ("Ordinary Shares") 
       type of instrument 
--- 
      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:          See 4 (c) above 
        *    Aggregated volume 
 
 
        *    Price 
---  -------------------------------  ------------------------------------------ 
 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

END

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July 04, 2017 09:00 ET (13:00 GMT)