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 3rd 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: +44 (0) 1675 434 200

Jon Furber, Finance Director

www.trakm8.com

 

 

Arden Partners plc (Nominated Adviser & Broker)

Tel: +44 (0) 20 7614 5900

Paul Shackleton / Alex Penney

www.arden-partners.com

 

Media enquiries:

Buchanan

 

Chris Lane / Tilly Abraham

Tel: +44 (0) 20 7466 5000

Trakm8@buchanan.uk.com

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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