REG - Trakm8 Holdings PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TKM8.L</Origin>
RNS Number : 7516RTrakm8 Holdings PLC13 December 2016TRAKM8 HOLDINGS PLC
("Trakm8", the "Group" or the "Company")
Director/PDMR Shareholding
Trakm8, the AIM listed telematics and data insight provider to the global market place, was notified today of the following sale and purchase transfers in its ordinary shares of one penny each ("Ordinary Shares") on 13 December 2016 by Linda Watkins, wife of and a Person Closely Associated ("PCA") with John Watkins, Executive Chairman of the Company:
26,000 Ordinary Shares at a price of 110 pence per Ordinary Share from her own direct personal holding to her self invested personal pension ("SIPP"); and
37,000 Ordinary Shares at a price of 110 pence per Ordinary Share from her own direct personal holding to John Watkins' SIPP.
Following this transaction, Mr Watkins' total beneficial interest in the Company remains unchanged at 5,774,344 Ordinary Shares, representing approximately 17.7% 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
Linda Watkins - PCA
John Watkins - Executive Chairman
2.
Reason for the Notification
a)
Position/status
See above in 1(a)
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 of 1 pence each
c)
Price(s) and volume(s)
Price(s)
Volume(s)
110p
26,000
110p
37,000
d)
Aggregated information:
Aggregated volume
Price
63,000 Ordinary Shares of 1 pence transferred at 110p per Ordinary Share
e)
Date of the transaction
13 December 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
Tim Redfern / Camille Gochez - 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 RNSThe company news service from the London Stock ExchangeENDDSHEXLFFQLFLFBK
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