TRAKM8 HOLDINGS PLC
('Trakm8' or 'the Company')
Directors' Dealings
Trakm8, the AIM-quoted designer and developer of licensed GPRS based hardware and software for the vehicle placement and security market, was notified on 7 September 2012 that, following purchases of a total of 816,777 Shares ordinary shares in the Company ("Shares") (representing 4.21% of Shares in issue) on 7 September 2012 at 17 pence per Share, the following Directors of the Company are now beneficially interested in Shares as set out below:
|
Name |
Number of Shares purchased |
|
New holding |
% of Shares in issue |
|
J Watkins (Chief Executive Officer) |
481,994 |
|
4,534,732 |
23.36 |
|
J Hedges (Finance Director) |
299,783 |
|
1,470,808 |
7.58 |
|
P Wilson (Sales Director) |
35,000 |
|
555,512 |
2.86 |
The Company was also notified on 7 September 2012 that following the sale of 816,777 Shares, Mr Cary Knapton no longer has a notifiable interest in the Company.
The price of 17 pence per Share compares to the closing mid market share price of 13 pence per Share on 6 September 2012.
-ends-
For further information please contact:
|
Trakm8 plc |
01747 858444 |
|
John Watkins, Chief Executive Officer |
|
|
James Hedges, Finance Director
|
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|
MHP Communications |
020 3128 8100 |
|
Reg Hoare / Vicky Watkins |
|
|
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|
finnCap |
020 7220 0500 |
|
Ed Frisby / Christopher Raggett - corporate finance Simon Starr - corporate broking
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About Trakm8
Trakm8, based in Shaftesbury, Dorset is a leading technology provider, designer and developer of GPRS based hardware and software to the vehicle tracking and security market. The Group distributes its hardware and software worldwide through a network of distributors. In addition the Group provides vehicle monitoring and tracking services direct to the B2B market. Trakm8's products allow vehicles and drivers to be monitored, allowing organisations to manage deliveries and services, or track stolen vehicles down to five metres. www.trakm8.com