Director/PDMR Shareholding

RNS Number : 7516R

Trakm8 Holdings PLC

13 December 2016

 

TRAKM8 HOLDINGS PLC

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

Director/PDMR Shareholding

Trakm8, the AIM listed telematics and data insight provider to the global market place, was notified today of the following sale and purchase transfers in its ordinary shares of one penny each ("Ordinary Shares") on 13 December 2016 by Linda Watkins, wife of and a Person Closely Associated ("PCA") with John Watkins, Executive Chairman of the Company:

·      26,000 Ordinary Shares at a price of 110 pence per Ordinary Share from her own direct personal holding to her self invested personal pension ("SIPP"); and

·      37,000 Ordinary Shares at a price of 110 pence per Ordinary Share from her own direct personal holding to John Watkins' SIPP.

Following this transaction, Mr Watkins' total beneficial interest in the Company remains unchanged at 5,774,344 Ordinary Shares, representing approximately 17.7% of the Company's issued share capital.

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	Linda Watkins - PCA John Watkins - Executive Chairman
2.	Reason for the Notification
a)	Position/status	See above in 1(a)
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 of the Financial instrument, type of instrument	ordinary shares of 1p each ("Ordinary Shares")
	Identification code	GB00B0P1RP10
b)	Nature of the transaction	Purchase of Ordinary Shares of 1 pence each
c)	Price(s) and volume(s)	Price(s) Volume(s) 110p 26,000 110p 37,000
d)	Aggregated information: ·      Aggregated volume ·      Price	63,000 Ordinary Shares of 1 pence transferred at 110p per Ordinary Share
e)	Date of the transaction	13 December 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

For further information please contact:

Trakm8 Holdings plc	[phone]
John Watkins, Executive Chairman James Hedges, Finance Director
MHP Communications (Financial PR to Trakm8)	[phone]
Reg Hoare / Jade Neal
finnCap (Nomad & Broker to Trakm8)	[phone]
Ed Frisby / Simon Hicks - corporate finance Tim Redfern / Camille Gochez - corporate broking

About Trakm8

Trakm8 is a UK based Big Data company utilising telematics as its primary enabler. Through IP owned technology, over three billion miles worth of data is collected annually through its fleet management solutions to create and fine tune algorithms used to score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiencies of customers' vehicles.

With its headquarters in Dorset and a manufacturing facility in the West Midlands, the Group supplies a number of well-known customers in the fleet management and insurance sectors across the UK and further afield including customers such as the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.

The Group's portfolio offers complete telematics solutions, which since the acquisition of the business and assets of DCS Systems, includes dashboard cameras that enable customers to record driving incidents and mitigate the risk from "crash to cash" accidents. This is complemented through a comprehensive hardware range, which includes a self-install unit that is one of the smallest available on the global market.

Recently, the Group acquired Route Monkey, significantly enhancing the Group's logistics solution which offers both route scheduling and optimisation, including routing for electric vehicles.

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

www.trakm8.com / @Trakm8

 

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