RNS Number : 0896N
Trakm8 Holdings PLC
25 September 2012
 



 

TRAKM8 HOLDINGS PLC

 

('Trakm8' or 'the Group')

 

Transaction in Own Shares

 

Pursuant to the general authority given to the Company by shareholders at its Annual General Meeting on 6 September 2012, Trakm8 announces that on 25 September 2012 it purchased 370,000 of its own ordinary shares of 1 pence each ("Ordinary Shares") at a price of 15.5 pence per Ordinary Share to be held in treasury.  This represents 1.91 per cent. of the issued share capital of the Company and its total voting rights.

 

Following this purchase, there are 370,000 Ordinary Shares held in treasury and the total number of Ordinary Shares in issue is 19,414,731. Therefore the total number of Ordinary Shares with voting rights in the Company is 19,044,731.

 

The above figure of 19,044,731 may be used by shareholders 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, Trakm8 under the FSA's Disclosure and Transparency Rules.

 

-ends-

 

 

For further information please contact:

 

Trakm8 plc

01747 858444

John Watkins, Chief Executive Officer


James Hedges, Finance Director

 


MHP Communications

020 3128 8100

Reg Hoare / Vicky Watkins




finnCap

020 7220 0500

Ed Frisby / Christopher Raggett - corporate finance

Simon Starr - corporate broking

 

 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
POSLLFFIALIEFIF