Trakm8 Hldgs Regulatory News (TRAK)

11 Jan 2008 13:20

Trakm8 Holdings PLC11 January 2008 11th January 2008 TrakM8 TRAKM8 HOLDINGS PLC ("Trakm8" or "the Group") HOLDING IN COMPANY The Company received notification on the 8th January 2008 that, following theConversion of a Loan Stock instrument as notified on 7th January 2008 and theresultant acquisition of a total of 978,282 ordinary shares of 1p each in theCompany ('Shares') for 26.9 pence per Share, Edric Property & Investment Company('Edric Property') and related individuals have a collective holding of1,713,282 Shares, representing approximately 12.68% of the Company's issuedordinary share capital and comprising: Shareholder Shares Resultant % Acquired Shareholding R.L.S. Clarke - 50,000 0.37% S.E.S. Clarke - 15,000 0.11% E.J.S. Clarke - 110,000 0.82% Edric Property & Investment 978,282 1,538,282 11.38%Company TOTAL 1,713,282 12.68% END For further information please contact: Trakm8 Holdings PLC 0870 380 0531Cary Knapton, Chief Executive Officer Tim Couling, Finance Director Arbuthnot Securities 020 7012 2000Paul Vanstone Tavistock Communications 020 7920 3150Simon HudsonPaul Youens About Trakm8 Trakm8, based in Shaftesbury, Dorset is a leading technology provider, designerand developer of hardware and software to the vehicle tracking and securitymarket. The Company distributes its hardware and software worldwide through anetwork of distributors. In addition, the Company provides ASP vehiclemonitoring and tracking services direct to the B2B market. Trakm8's productsallow vehicles and drivers to be monitored, allowing organisations to managedeliveries and services, or track stolen vehicles down to 5 metres. This information is provided by RNS The company news service from the London Stock Exchange