REG - Trakm8 Holdings PLC - Issue of Options <Origin Href="QuoteRef">TKM8.L</Origin>
RNS Number : 0860KTrakm8 Holdings PLC04 July 2017
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
James Hedges, Finance Director
finnCap (Nomad and broker)
+44 (0) 20 7220 0500
Ed Frisby / Simon Hicks - corporate finance
Tim Redfern / Richard Chambers - corporate broking
MHP Communications
+44 (0) 20 3128 8100
Reg Hoare / Charlie Barker
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
Price(s)
Volume(s)
98.5p
75,000
John Watkins
Price(s)
Volume(s)
98.5p
75,000
Mark Watkins
Price(s)
Volume(s)
98.5p
75,000
Bill Duffy
Price(s)
Volume(s)
98.5p
75,000
Jon Law
Price(s)
Volume(s)
98.5p
75,000
Colin Ferguson
Price(s)
Volume(s)
98.5p
75,000
d)
Aggregated information:
Aggregated volume
Price
See 4 (c) above
e)
Date of the transaction
4 July 2017
f)
Place of the transaction
Outside a trading venue
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHFZLFBDDFZBBF
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