Issue of Options

RNS Number : 7725T

Trakm8 Holdings PLC

05 July 2018

 

5 July 2018

TRAKM8 HOLDINGS PLC

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

Issue of Options

Trakm8 Holdings plc (AIM: TRAK), a leading telematics and data supplier to global markets, announces that the Company has on Tuesday 3^rd July 2018 granted a total of 450,000 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 90 pence per Ordinary Share (being the mid-market closing price of an Ordinary Share on 3 July 2018) and are exercisable at any time between 3 July 2021 and 2 July 2028.

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

Name	Role	Number of Options granted	Total number of Options held
Sean Morris	Automotive Business Unit Director	100,000	350,000
Mark Watkins	Chief Operating Officer	100,000	450,000
Matthew Monnington	PDMR	50,000	200,000
Colin Ferguson	PDMR	100,000	295,000*

*Includes 60,000 options held by spouse, an employee of the company.

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

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

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	Mark Watkins                    Chief Operating Officer Sean Morris                        Automotive Business Unit Director Matt Monnington            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)	Mark Watkins Price(s) Volume(s) 90.0p 100,000 Sean Morris Price(s) Volume(s) 90.0p 100,000 Matthew Monnington Price(s) Volume(s) 90.0p 50,000 Colin Ferguson Price(s) Volume(s) 90.0p 100,000
d)	Aggregated information: ·     Aggregated volume ·     Price	See 4 (c) above
e)	Date of the transaction	3 July 2018
f)	Place of the transaction	Outside a trading venue

 

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