Issue of Equity

RNS Number : 0601V

Trakm8 Holdings PLC

09 December 2013

 

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Company")

Issue of Equity

Trakm8, the AIM-quoted designer and developer of GPRS based hardware and software for the vehicle placement and security market, announces that it has applied to the London Stock Exchange for 50,000 new ordinary shares of 1p each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission") following the exercise of options by a former employee of the Company. It is expected that Admission will become effective and trading will commence in these new ordinary Shares at 8.00 a.m. on 11 December 2013.

Following Admission, the Company's enlarged issued share capital will comprise 28,873,821 Ordinary Shares. The Company holds 370,000 Ordinary Shares in treasury, therefore the total number of Ordinary Shares in the Company with voting rights will be 28,503,821. 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

-ends-

For further information please contact:

Trakm8 plc	01747 858444
John Watkins, Executive Chairman
James Hedges, Finance Director
MHP Communications	020 3128 8100
Reg Hoare / Vicky Watkins
finnCap	020 7220 0500
Ed Frisby / Christopher Raggett - corporate finance Simon Starr - corporate broking

 

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