TIDMTRAK

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                   ordinary shares of 1p each 
       the Financial                    ("Ordinary Shares") 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B0P1RP10 
       code 
---  -------------------------------  ---------------------------------- 
 b)   Nature of the                    Purchase of Ordinary Shares 
       transaction 
---  -------------------------------  ---------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         200p       20,000 
                                        ---------  ---------- 
---  -------------------------------  ---------------------------------- 
 d)   Aggregated information:          Purchase of 20,000 Ordinary 
        *    Aggregated volume          Shares at 200 pence per Ordinary 
                                        Share 
 
        *    Price 
---  -------------------------------  ---------------------------------- 
 e)   Date of the transaction          14 September 2016 
---  -------------------------------  ---------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      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

END

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September 14, 2016 08:45 ET (12:45 GMT)

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