Director Shareholdings & Total Voting Rights

RNS Number : 1205Z

Trakm8 Holdings PLC

10 March 2017

 

10 March 2017

TRAKM8 HOLDINGS PLC

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

Director Shareholdings & Total Voting Rights

Trakm8, the AIM-listed telematics and data insight provider, announced on 3 March 2017 that it had conditionally raised £2.1 million (the "Capital Raising"), through the issue of an aggregate of 3,230,770 new ordinary shares of one penny ("Ordinary Shares") each in the capital of the Company ("New Ordinary Shares") at a price of 65 pence per Ordinary Share.

The Capital Raising was conditional, among other things, upon admission of the New Ordinary Shares to trading on the AIM market of the London Stock Exchange ("Admission") becoming effective. The Company is pleased to announce that Admission became effective at 8.00 a.m. today.

Total Voting Rights

The Company's issued share capital now comprises 35,723,254 Ordinary Shares, of which 29,000 are held in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights is 35,694,254. 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 to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Director Shareholdings

The following Directors participated in the Capital Raising:

		On Admission
Name	Number of New Ordinary Shares subscribed for in the Capital Raising	Number of Ordinary Shares held	% Enlarged Voting Rights
John Watkins*	338,461	6,177,859	17.31%
James Hedges*	107,692	2,250,318	6.30%
Tim Cowley	92,307	1,949,945	5.46%
Matt Cowley	153,846	1,744,203	4.89%
Bill Duffy	100,000	140,000	0.39%
Keith Evans	153,846	153,846	0.43%

* the interests of these Directors includes the interests of their immediate families and any persons connected with them (within the meaning of section 252 of the Companies Act 2006).

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail of the number of Ordinary Shares subscribed for in the Capital Raising by certain Directors of the Company:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Watkins - Executive Chairman James Hedges - Finance Director Tim Cowley - Strategy Director Matt Cowley - Big Data Director William ("Bill") Duffy - Non-Executive Director Keith Evans - Non-Executive Director
2.	Reason for the Notification
a)	Position/status	See 1(a) above for positions - 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 of the Financial instrument, type of instrument	ordinary shares of 1p each ("Ordinary Shares")
	Identification code	GB00B0P1RP10
b)	Nature of the transaction	Subscription for Ordinary Shares
c)	Price(s) and volume(s)	Name Price(s) Volume(s) John Watkins 65p 338,461 James Hedges 65p 107,692 Tim Cowley 65p 92,307 Matt Cowley 65p 153,846 Bill Duffy 65p 100,000 Keith Evans 65p 153,846
d)	Aggregated information: ·      Aggregated volume ·      Price	n/a
e)	Date of the transaction	10 March 2017
f)	Place of the transaction	Outside a trading venue

For further information please contact:

Trakm8 Holdings plc	[phone]
John Watkins, Executive Chairman
James Hedges, Finance Director
finnCap (Nomad & Broker)	[phone]
Ed Frisby / Simon Hicks - corporate finance
Tim Redfern / Richard Chambers - corporate broking
MHP Communications	[phone]
Reg Hoare
Charlie Barker

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 including 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.

The Group has recently acquired both Route Monkey and Roadsense Technologies Ltd. Route Monkey has enhanced Trakm8's logistics solution offering route scheduling and optimisation, including routing for electric vehicles. Roadsense has been acquired to strengthen the Group's presence in the SME fleet management market.

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

www.trakm8.com / @Trakm8

 

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