26 Apr 2010 16:23
26 April 2010
Trakm8 Holdings plc
("Trakm8" or the 'Company')
Grant of Options
Trakm8, the AIM-quoted designer and developer of licensed GPRS based hardware and software for the vehicle placement and security market announces that share options over 450,000 ordinary shares of 1p each were granted to the following directors on 30 July 2009:
|
| Exercise Price (p) | Number of options | Total number of options following grant |
| Dawson Buck (Non-executive Chairman) | 6 | 100,000 | 100,000 |
| John Watkins (Chief Executive) | 6 | 200,000 | 200,000 |
| Matt Cowley (Chief Technical Director) | 6 | 75,000 | 75,000 |
| Tim Cowley (Solutions Director) | 6 | 75,000 | 95,305 |
50% of the share options are exercisable at any time between 30 July 2010 and 30 July 2012 with the remaining 50% exercisable between 30 July 2011 and 30 July 2012.
Enquiries:
Trakm8 Holdings plc T: 01747 858 444
James Hedges, Finance Director
Arbuthnot Securities Limited T: 020 7012 2000
Alasdair Younie/Richard Johnson
End
Trakm8 Hldgs (TRAK)