Issue of Options

RNS Number : 0860K

Trakm8 Holdings PLC

04 July 2017

 

4 July 2017

TRAKM8 HOLDINGS PLC

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

Issue of Options

Trakm8, the AIM quoted telematics and data provider to the global market place, announces that the Company has today granted a total of 725,000 options ("Options") over ordinary shares of 1 pence each ("Ordinary Shares") to certain PDMRs and employees of the Company. The Options have an exercise price of 98.5 pence per Ordinary Share (being the mid-market closing price of an Ordinary Share on 3 July 2017) and are exercisable at any time between 4 July 2020 and 3 July 2027.

The following persons discharging managerial responsibility ("PDMRs") have been granted Options:

Name	Role	Number of Options granted	Total  number of Options held
Keith Evans	Non-Executive Deputy Chairman	75,000	75,000
John Watkins	Executive Chairman	75,000	550,000
Mark Watkins	Chief Operating Officer	75,000	350,000
Bill Duffy	Non-Executive Director	75,000	75,000
Jon Law	PDMR	75,000	325,000
Colin Ferguson	PDMR	75,000	135,000

Further information is set out in the PDMR disclosure tables below.

For further information please contact:

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

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

About Trakm8

Trakm8 is a UK based Big Data company supplying telematics-based solutions and data insight to the global market. Through IP owned technology, The Group analyses billions of miles worth of data to create and fine tune algorithms. These are used to produce telematics based solutions that score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.

The Group's product portfolio includes cameras (including the recently launched integrated telematics camera), self-installed telematics units and technology to eliminate distracted driving due to mobile phones.

Headquartered in Dorset with a manufacturing facility in the West Midlands, the Group supplies, through its dedicated business units Fleet, Optimisation, Insurance and Automotive, many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, 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

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	Keith Evans                        Non-Executive Deputy Chairman John Watkins                     Executive Chairman Mark Watkins                    Chief Operating Officer Bill Duffy                             Non-Executive Director Jon Law                              PDMR Colin Ferguson                 PDMR
2.	Reason for the Notification
a)	Position/status	See 1(a) above - 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	Options over ordinary shares of 1p each ("Ordinary Shares")
	Identification code	GB00B0P1RP10
b)	Nature of the transaction	Issue of Options over Ordinary Shares
c)	Price(s) and volume(s)	Keith Evans Price(s) Volume(s) 98.5p 75,000 John Watkins Price(s) Volume(s) 98.5p 75,000 Mark Watkins Price(s) Volume(s) 98.5p 75,000 Bill Duffy Price(s) Volume(s) 98.5p 75,000 Jon Law Price(s) Volume(s) 98.5p 75,000 Colin Ferguson Price(s) Volume(s) 98.5p 75,000
d)	Aggregated information: ·     Aggregated volume ·     Price	See 4 (c) above
e)	Date of the transaction	4 July 2017
f)	Place of the transaction	Outside a trading venue

 

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