Last checked at 5 Jul 2018 15:41
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:
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Media enquiries:
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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
Sean Morris
Matthew Monnington
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 | 3 July 2018 | ||||||||||||||||
f) | Place of the transaction | Outside a trading venue |