Share Name Share Symbol Market Type Share ISIN Share Description
Trakm8 Holdings Plc LSE:TRAK London Ordinary Share GB00B0P1RP10 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 22.50 21.00 24.00 22.50 22.50 22.50 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 16.0 -1.9 -2.5 - 11

Trakm8 Holdings PLC Award of options

13/07/2021 7:00am

UK Regulatory (RNS & others)

Trakm8 (LSE:TRAK)
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RNS Number : 9920E

Trakm8 Holdings PLC

13 July 2021

For immediate release  13 July 2021 

Trakm8 Holdings plc

('Trakm8' or the 'Company')

Award of options

Trakm8 Holdings plc (AIM: TRAK), the global telematics and data insight provider, announces that the Company granted on 12 July 2021 a total of 875,000 options (the "Options") over ordinary shares of 1 pence each ("Ordinary Shares") to certain directors and employees of the Company under its existing share option plan. This is a routine grant to new and existing employees as part of the Company's compensation policy. The Options granted have an exercise price of 16.0p (being the mid-market closing price of an Ordinary Share on 9 July 2021), with a 10-year life and vest on 12 July 2024.

The Company's share option plan allows for the issue of up to 12% of the issued share capital by way of options and following this grant a total of 10.4% of the Company's issued share capital will have been granted as options.

The Options awarded to certain directors of the Company are:

 Director           Position                        Number of       Total number 
                                                  Options granted    of Options 
 Mark Watkins       Chief Operating Officer               300,000      1,000,000 
                   ---------------------------  -----------------  ------------- 
                    Group Sales and Marketing 
 Peter Mansfield     Director                             150,000        550,000 
                   ---------------------------  -----------------  ------------- 

- Ends -

For further information:

Trakm8 Holdings plc 
John Watkins, Executive Chairman       Tel: +44 (0) 1675 434 200 
Jon Furber, Finance Director                      www.trakm8.com 
Arden Partners plc (Nominated Adviser  Tel: +44 (0) 20 7614 5900 
 & Broker) 
Paul Shackleton, Corporate Finance        www.arden-partners.com 
 Simon Johnson, Corporate Broking 

Notes to Editors

Trakm8 is a UK based technology leader in fleet management, insurance telematics, connected car, and optimisation. Through IP owned technology, the Group analyses data collected by its installed base of telematics units to fine tune the algorithms that are used to produce its' solutions; these monitor driver behaviour, identify crash events and monitor vehicle health to provide actionable insights to continuously improve the security and operational efficiency of both company fleets and private drivers.

The Group's product portfolio includes the latest data analytics and reporting portal (Trakm8 Insight), integrated telematics/cameras/optimisation, self-installed telematics units and one of the widest ranges of installed telematics devices. Trakm8 has over 254,000 connections.

Headquartered in Coleshill near Birmingham alongside its manufacturing facility, the Group supplies to the Fleet, Optimisation, Insurance and Automotive sectors to many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, Iceland Foods, The Parts Alliance Group, Direct Line Group, LexisNexis and Ingenie.

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                                    1. Mark Watkins Chief Operating Officer 
                                               2. Peter Mansfield Group Sales and Marketing 
     ---------------------------  --------------------------------------------------------- 
 2    Reason for the notification 
 a)   Position/status              All Directors of the Company 
     ---------------------------  --------------------------------------------------------- 
 b)   Initial notification         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 in Trakm8 
       the financial instrument,    Holdings plc 
       type of instrument 
       Identification               Identification code (ISIN) for Trakm8 
       code                         Holdings plc ordinary shares: GB00B0P1RP10 
     ---------------------------  --------------------------------------------------------- 
 b)   Nature of the transaction    Issue of Options over Ordinary Shares 
     ---------------------------  --------------------------------------------------------- 
 c)   Price(s) and volume(s)            1. Mark Watkins: 300,000 options to acquire 
                                         Ordinary Shares at an exercise price 
                                         of 16.0p per share. 
                                         2. Peter Mansfield: 150,000 options to 
                                         acquire Ordinary Shares at an exercise 
                                         price of 16.0p per share. 
     ---------------------------  --------------------------------------------------------- 
 d)   Aggregated information       N/A, see 4 (c) above 
       - Aggregated volume 
       - Price 
     ---------------------------  --------------------------------------------------------- 
 e)   Date of the transaction      12 July 2021 
     ---------------------------  --------------------------------------------------------- 
 f)   Place of the transaction     Outside a trading venue 
     ---------------------------  --------------------------------------------------------- 

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(END) Dow Jones Newswires

July 13, 2021 02:00 ET (06:00 GMT)

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