Trakm8 Holdings PLC Issue of Options (7725T)

TIDMTRAK

RNS Number : 7725T

Trakm8 Holdings PLC

05 July 2018

 
5 July 2018 
 

TRAKM8 HOLDINGS PLC

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

Issue of Options

Trakm8 Holdings plc (AIM: TRAK), a leading telematics and data supplier to global markets, announces that the Company has on Tuesday 3(rd) July 2018 granted a total of 450,000 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 90 pence per Ordinary Share (being the mid-market closing price of an Ordinary Share on 3 July 2018) and are exercisable at any time between 3 July 2021 and 2 July 2028.

The following persons discharging managerial responsibility ("PDMRs") have been granted Options:

 
 Name                  Role                                 Number of Options granted   Total number of Options 
                                                                                                           held 
--------------------  -----------------------------------  --------------------------  ------------------------ 
 Sean Morris           Automotive Business Unit Director                      100,000                   350,000 
--------------------  -----------------------------------  --------------------------  ------------------------ 
 Mark Watkins          Chief Operating Officer                                100,000                   450,000 
--------------------  -----------------------------------  --------------------------  ------------------------ 
 Matthew Monnington    PDMR                                                    50,000                   200,000 
--------------------  -----------------------------------  --------------------------  ------------------------ 
 Colin Ferguson        PDMR                                                   100,000                  295,000* 
--------------------  -----------------------------------  --------------------------  ------------------------ 
 

*Includes 60,000 options held by spouse, an employee of the company.

Additional information is set out in the PDMR disclosure tables below.

 
 For further information:Trakm8 Holdings plc 
  John Watkins, Executive Chairman  Tel: [phone] 
                                     434 200 
  Jon Furber, Finance Director      www.trakm8.com 
 Arden Partners plc (Nominated  Tel: [phone] 
   Adviser & Broker)              5900 
  Paul Shackleton / Alex Penney  www.arden-partners.com 
  Media enquiries:Buchanan 
  Chris Lane / Tilly Abraham  Tel: [phone] 
                               5000 
  [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

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                             Mark Watkins Chief Operating 
                                        Officer 
                                        Sean Morris Automotive Business 
                                        Unit Director 
                                        Matt Monnington 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                      Options over ordinary shares 
       of the Financial                 of 1p each ("Ordinary Shares") 
       instrument, 
       type of instrument 
--- 
      Identification                   GB00B0P1RP10 
       code 
---  -------------------------------  --------------------------------- 
 b)   Nature of the                    Issue of Options over Ordinary 
       transaction                      Shares 
---  -------------------------------  --------------------------------- 
 
 
 c)   Price(s) and               Mark Watkins Price(s)   Volume(s) 
       volume(s)                  ---------  ---------- 
                                   90.0p      100,000 
                                  ---------  ---------- 
 
                                  Sean Morris Price(s)   Volume(s) 
                                  ---------  ---------- 
                                   90.0p      100,000 
                                  ---------  ---------- 
 
                                  Matthew Monnington Price(s)   Volume(s) 
                                  ---------  ---------- 
                                   90.0p      50,000 
                                  ---------  ---------- 
 
                                  Colin Ferguson Price(s)   Volume(s) 
                                  ---------  ---------- 
                                   90.0p      100,000 
                                  ---------  ---------- 
---  -------------------------  ----------------------------------------- 
 d)   Aggregated information:    See 4 (c) above 
        *    Aggregated volume 
 
 
        *    Price 
---  -------------------------  ----------------------------------------- 
 e)   Date of the                3 July 2018 
       transaction 
---  -------------------------  ----------------------------------------- 
 f)   Place of the               Outside a trading venue 
       transaction 
---  -------------------------  ----------------------------------------- 
 

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

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July 05, 2018 10:41 ET (14:41 GMT)