Director Dealing

RNS Number : 7266Y

Trakm8 Holdings PLC

03 December 2014

 

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Group")

Director Dealing

Trakm8, the AIM-listed telematics and data provider to the global market place, was notified today of the following transfers in its ordinary shares of one penny each ("Ordinary Shares") on 2 December 2014 by John Watkins, Executive Chairman of the Company:

·     332,487 Ordinary Shares at a price of 72.4 pence per Ordinary Share out of his own self invested personal pension ("SIPP") to his direct personal holding; and

·     373,484 Ordinary Shares at a price of 72.4 pence per Ordinary Shares out of his wife's SIPP to her direct personal holding.

Following this transaction, John Watkins' total beneficial interest in the Company remains unchanged at 6,399,344 Ordinary Shares, representing approximately 22.14% of the Company's total voting rights.

-ends-

For further information please contact:

Trakm8 plc	[phone]
John Watkins, Executive Chairman
James Hedges, Finance Director
MHP Communications	[phone]
Reg Hoare / Vicky Watkins
finnCap	[phone]
Ed Frisby / Christopher Raggett - corporate finance Jo Weaving - corporate broking

About Trakm8

Trakm8, the M2M telematics company using Big Data analytics to improve driver behaviour is a leading technology designer, developer and manufacturer of telematics products and solutions.

The Group, based in Shaftesbury, Dorset, distributes its hardware and software through a network of distributors worldwide. In addition the Group provides vehicle monitoring and tracking services direct to the B2B market. Trakm8's IP owned products and services allow vehicles and drivers to be monitored, allowing organisations to manage deliveries and services, or track stolen vehicles down to five metres.

Recently Trakm8 have developed the T10 product range, which includes a self-installed telematics device. The Group's services also include driver behaviour management solutions that can reduce fuel consumption by 10% or more, reduce risk of accidents, logistics routing & scheduling packages, and tachograph data reporting. The Group's customers include Direct Line Group, Eon, the AA, Fujitsu and Kubota.

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.

 

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