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Pin to quick picksTrakm8 Hldgs Regulatory News (TRAK)

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Director/PDMR Shareholding

10 Sep 2012 07:00

RNS Number : 8247L
Trakm8 Holdings PLC
10 September 2012
 

 

 

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

 

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
 
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