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REG - Trakm8 Holdings PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TKM8.L</Origin>

RNS Number : 8524J
Trakm8 Holdings PLC
14 September 2016

TRAKM8 HOLDINGS PLC

("Trakm8", the "Group" or the "Company")

Director/PDMR Shareholding

Trakm8 Holdings plc, the AIM listed telematics and data supplier to global markets, announces that on 14 September 2016,Bill Duffy, Non-Executive Director of the Company, purchased 20,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 200 pence per Ordinary Share (the "Purchase").

Following the Purchase, Bill Duffy is beneficially interested in 40,000 Ordinary Shares, representing approximately 0.1% of the Company's issued share capital.

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

William Duffy

2.

Reason for the Notification

a)

Position/status

Non-Executive Director

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

ordinary shares of 1p each ("Ordinary Shares")

Identification code

GB00B0P1RP10

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

200p

20,000

d)

Aggregated information:

Aggregated volume

Price

Purchase of 20,000 Ordinary Shares at 200 pence per Ordinary Share

e)

Date of the transaction

14 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

For further information please contact:

Trakm8 Holdings plc

+44 1747 858444

John Watkins, Executive Chairman

James Hedges, Finance Director


MHP Communications (Financial PR to Trakm8)

+44 20 3128 8100

Reg Hoare / Jade Neal


finnCap (Nomad & Broker to Trakm8)

+44 20 7220 0500

Ed Frisby / Simon Hicks - corporate finance

Joanna Scott - corporate broking


About Trakm8

Trakm8 is a UK based Big Data company utilising telematics as its primary enabler. Through IP owned technology, over three billion miles worth of data is collected annually through its fleet management solutions to create and fine tune algorithms used to score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiencies of customers' vehicles.

With its headquarters in Dorset and a manufacturing facility in the West Midlands, the Group supplies a number of well-known customers in the fleet management and insurance sectors across the UK and further afield including customers such as the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.

The Group's portfolio offers complete telematics solutions, which since the acquisition of the business and assets of DCS Systems, includes dashboard cameras that enable customers to record driving incidents and mitigate the risk from "crash to cash" accidents. This is complemented through a comprehensive hardware range, which includes a self-install unit that is one of the smallest available on the global market.

Recently, the Group acquired Route Monkey, significantly enhancing the Group's logistics solution which offers both route scheduling and optimisation, including routing for electric vehicles.

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.

www.trakm8.com/ @Trakm8


This information is provided by RNS
The company news service from the London Stock Exchange
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