Last checked at 4 Jul 2017 14:00
4 July 2017 |
TRAKM8 HOLDINGS PLC
("Trakm8" the "Company" or the "Group")
Issue of Options
Trakm8, the AIM quoted telematics and data provider to the global market place, announces that the Company has today granted a total of 725,000 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 98.5 pence per Ordinary Share (being the mid-market closing price of an Ordinary Share on 3 July 2017) and are exercisable at any time between 4 July 2020 and 3 July 2027.
The following persons discharging managerial responsibility ("PDMRs") have been granted Options:
Name | Role | Number of Options granted | Total number of Options held |
Keith Evans | Non-Executive Deputy Chairman | 75,000 | 75,000 |
John Watkins | Executive Chairman | 75,000 | 550,000 |
Mark Watkins | Chief Operating Officer | 75,000 | 350,000 |
Bill Duffy | Non-Executive Director | 75,000 | 75,000 |
Jon Law | PDMR | 75,000 | 325,000 |
Colin Ferguson | PDMR | 75,000 | 135,000 |
Further information is set out in the PDMR disclosure tables below.
For further information please contact:
Trakm8 Holdings plc | +44 (0) 174 785 8444 |
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 |
Ed Frisby / Simon Hicks - corporate finance |
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Tim Redfern / Richard Chambers - corporate broking |
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MHP Communications | +44 (0) 20 3128 8100 |
Reg Hoare / Charlie Barker |
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The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
About Trakm8
Trakm8 is a UK based Big Data company supplying telematics-based solutions and data insight to the global market. Through IP owned technology, The Group analyses billions of miles worth of data to create and fine tune algorithms. These are used to produce telematics based solutions that score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.
The Group's product portfolio includes cameras (including the recently launched integrated telematics camera), self-installed telematics units and technology to eliminate distracted driving due to mobile phones.
Headquartered in Dorset with a manufacturing facility in the West Midlands, the Group supplies, through its dedicated business units Fleet, Optimisation, Insurance and Automotive, many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, 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 | Keith Evans Non-Executive Deputy Chairman John Watkins Executive Chairman Mark Watkins Chief Operating Officer Bill Duffy Non-Executive Director Jon Law 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) | Keith Evans
John Watkins
Mark Watkins
Bill Duffy
Jon Law
Colin Ferguson
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d) | Aggregated information: · Aggregated volume · Price | See 4 (c) above
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e) | Date of the transaction | 4 July 2017 | ||||||||||||||||||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||||||||||||||||||