TRAKM8 HOLDINGS PLC
("Trakm8", the "Group" or the "Company")
Director/PDMR Shareholding
Trakm8, the AIM-listed telematics and data insight provider, announces that on 21 February 2017, John Watkins, Executive Chairman of the Company, purchased 65,054 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 76.86 pence per Ordinary Share (the "Purchase").
Following the Purchase, John Watkins and persons closely associated with him are beneficially interested in 5,839,398 Ordinary Shares, representing approximately 18.0% of the Company's issued share capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
John Watkins |
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2. |
Reason for the Notification |
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a) |
Position/status |
Executive Chairman |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Trakm8 Holdings plc |
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b) |
LEI |
n/a |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
ordinary shares of 1p each ("Ordinary Shares") |
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Identification code |
GB00B0P1RP10 |
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b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: · Aggregated volume · Price |
Purchase of 65,054 Ordinary Shares at 76.86 pence per Ordinary Share |
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e) |
Date of the transaction |
21 February 2017 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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-ends-
For further information please contact:
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Trakm8 Holdings plc |
+44 (0) 174 785 8444 |
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John Watkins, Executive Chairman |
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James Hedges, Finance Director |
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finnCap (Nomad and broker) |
+44 (0) 20 7220 0500 |
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Ed Frisby / Simon Hicks - corporate finance |
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Tim Redfern - corporate broking |
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MHP Communications |
+44 (0) 20 3128 8100 |
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Reg Hoare |
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Charlie Barker |
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About Trakm8
Trakm8 is a UK based Big Data company utilising telematics as its primary enabler. Through IP owned technology, over three billion miles worth of data is collected annually through its fleet management solutions to create and fine tune algorithms used to score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiencies of customers' vehicles.
With its headquarters in Dorset and a manufacturing facility in the West Midlands, the Group supplies a number of well-known customers in the fleet management and insurance sectors across the UK and further afield including customers such as the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.
The Group's portfolio offers complete telematics solutions including dashboard cameras that enable customers to record driving incidents and mitigate the risk from "crash to cash" accidents. This is complemented through a comprehensive hardware range, which includes a self-install unit that is one of the smallest available on the global market.
The Group has recently acquired both Route Monkey and Roadsense Technologies Ltd. Route Monkey has enhanced Trakm8's logistics solution offering route scheduling and optimisation, including routing for electric vehicles. Roadsense has been acquired to strengthen the Group's presence in the SME fleet management market.
Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.
www.trakm8.com / @Trakm8
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.