Director/PDMR Shareholding

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 /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	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 financial instrument, type of instrument Identification code	Ordinary shares of 1p each in Trakm8 Holdings plc 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 Price(s) Volume(s) Tim Cowley 22p 90,598 Anne Cowley 22p 90,596
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) 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 /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	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 financial instrument, type of instrument Identification code	Ordinary shares of 1p each in Trakm8 Holdings plc 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 Price(s) Volume(s) Tim Cowley 22.032p 90,598 Anne Cowley 22.032p 90,596
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) 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 & Broker)	Tel: [phone]
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

 

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