Trakm8 Holdings PLC Director/PDMR Shareholding (9316T)

TIDMTRAK

RNS Number : 9316T

Trakm8 Holdings PLC

25 March 2019

 
For immediate release  25 March 2019 
 

Trakm8 Holdings plc

('Trakm8' or the 'Company')

Director dealings

Trakm8 Holdings plc (AIM: TRAK), a leading telematics and data supplier to global markets, today announces that, on 25 March 2019, Tim Cowley a director of the Company, sold 90,598 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 22 pence per Ordinary Share and then repurchased, into his ISA, the same number of Ordinary Shares in the Company at a price of 22.032 pence per Ordinary Share to facilitate an ISA transfer.

Additionally, Anne Cowley, wife of Strategy Director Tim Cowley, sold 90,596 Ordinary Shares in he Company at a price of 22 pence per Ordinary Share and then repurchased, into her ISA, the same number of Ordinary Shares in the Company at a price of 22.032 pence per Ordinary Share to facilitate an ISA transfer.

Following the ISA transfer, Tim Cowley and persons closely associated remain interested in 2,268,127 Ordinary Shares, representing 4.54 per cent. of the Company's voting rights.

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                        Tim Cowley (Strategy Director) 
                                   Anne Cowley (Spouse of PDMR) 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status             See 1a) above 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------------- 
 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 the          Ordinary shares of 1p each in Trakm8 Holdings 
       financial instrument,       plc 
       type of instrument 
 
       Identification code         Identification code (ISIN) for Palace 
                                   Capital plc ordinary shares: GB00B0P1RP10 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   Sale of shares 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)      PDMR                       Volume(s) 
                                                   Price(s) 
                                   Tim Cowley     22p         90,598 
                                                 ----------  ---------- 
                                   Anne Cowley    22p         90,596 
                                                 ----------  ---------- 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information                   Volume(s) 
       - Aggregated volume           Price(s) 
       - Price                      22p         181,194 
                                               ---------- 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     25 March 2019 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, (XLON) 
     --------------------------  ---------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Tim Cowley (Strategy Director) 
                                   Anne Cowley (Spouse of PDMR) 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status             See 1a) above 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------------- 
 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 the          Ordinary shares of 1p each in Trakm8 Holdings 
       financial instrument,       plc 
       type of instrument 
 
       Identification code         Identification code (ISIN) for Palace 
                                   Capital plc ordinary shares: GB00B0P1RP10 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   Purchase of shares 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)      PDMR                       Volume(s) 
                                                   Price(s) 
                                   Tim Cowley     22.032p     90,598 
                                                 ----------  ---------- 
                                   Anne Cowley    22.032p     90,596 
                                                 ----------  ---------- 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information                   Volume(s) 
       - Aggregated volume           Price(s) 
       - Price                      22.032p     181,194 
                                               ---------- 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     25 March 2019 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, (XLON) 
     --------------------------  ---------------------------------------------- 
 

- Ends -

For further information:

 
Trakm8 Holdings plc 
John Watkins, Executive Chairman       Tel: [phone] 
Jon Furber, Finance Director                      www.trakm8.com 
 
Arden Partners plc (Nominated Adviser  Tel: [phone] 
 & Broker) 
Paul Shackleton / Alex Penney             www.arden-partners.com 
 

Media enquiries:

 
Buchanan 
Chris Lane / Tilly Abraham  Tel: [phone] 
[e-mail]            www.buchanan.uk.com 
 

About Trakm8

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 and reporting portal (Trakm8 Insight), integrated telematics/cameras, self-installed telematics units and one of the widest ranges of installed telematics devices. Trakm8 has over 250,000 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, 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHEELFLKXFEBBK

(END) Dow Jones Newswires

March 25, 2019 12:02 ET (16:02 GMT)