RNS Number : 0220T
Trakm8 Holdings PLC
19 November 2021

For immediate release

19 November 2021


 Trakm8 Holdings plc

('Trakm8' or the 'Company')


Award of Options


Trakm8 Holdings plc (AIM: TRAK), the global telematics and data insight provider, announces that the Company granted on 18 November 2021 a total of 450,000 options (the "Options") over ordinary shares of 1 pence each ("Ordinary Shares") to certain directors and employees of the Company under its existing share option plan. This is a routine grant to existing directors and employees as part of the Company's compensation policy. The Options granted have an exercise price of 27.0p (being the mid-market closing price of an Ordinary Share on 17 November 2021), with a 10-year life and vest on 18 November 2024. 


The Company's share option plan allows for the issue of up to 12% of the issued share capital by way of options and following this grant a total of 11.3% of the Company's issued share capital will have been granted as options.


The Options awarded to certain directors of the Company are:




Number of Options granted

Total number of Options held

Matt Cowley

Big Data Director



Tim Cowley

Strategy Director



Jon Edwards

Chief Financial Officer



- Ends -


For further information:

Trakm8 Holdings plc

John Watkins, Executive Chairman

Tel: +44 (0) 167 543 4200

Jon Edwards, CFO


Arden Partners plc (Nominated Adviser & Broker)

Tel: +44 (0) 20 7614 5900

Paul Shackleton, Corporate Finance

Simon Johnson, Corporate Broking




About Trakm8


Trakm8 is a UK based technology leader in fleet management, insurance telematics, connected car, and optimisation. Through IP owned technology, the Group uses AI data analytics collected from 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 analytics and reporting portal (Trakm8 Insight), integrated telematics/cameras/optimisation, self-installed telematics units and one of the widest ranges of installed telematics devices. Trakm8 has over 255,000 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, Parts Alliance, Direct Line Group, ByMiles and Ingenie.


Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005. Trakm8 is also recognised with the LSE Green Economy Mark.


www.trakm8.com / @Trakm8



Details of the person discharging managerial responsibilities / person closely associated



Matt Cowley, Big Data Director

Tim Cowley, Strategy Director

Jon Edwards, Chief Financial Officer


Reason for the notification



All Directors of the Company



Initial notification /Amendment

Initial Notification



Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



Trakm8 Holdings plc






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



Description of the financial instrument, type of instrument


Identification code

Ordinary shares of 1p each in Trakm8 Holdings plc



Identification code (ISIN) for Trakm8 Holdings plc ordinary shares: GB00B0P1RP10


Nature of the transaction

Issue of Options over Ordinary Shares


Price(s) and volume(s)

1.  Matt Cowley: 75,000 options to acquire Ordinary Shares at an exercise price of 27.0p per share.

2.  Tim Cowley: 50,000 options to acquire Ordinary Shares at an exercise price of 27.0p per share.

3.  Jon Edwards: 300,000 options to acquire Ordinary Shares at an exercise price of 27.0p per share.



Aggregated information

- Aggregated volume

- Price

N/A, see 4 (c) above


Date of the transaction

18 November 2021


Place of the transaction

Outside a trading venue


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