Trakm8 Holdings PLC Issue of Options, Exercise of Options and TVR (6224X)
November 27 2017 - 9:02AM
UK Regulatory
TIDMTRAK
RNS Number : 6224X
Trakm8 Holdings PLC
27 November 2017
27 November 2017
TRAKM8 HOLDINGS PLC
("Trakm8" the "Company" or the "Group")
Issue of Options
Exercise of Options and Total Voting Rights
Trakm8 Holdings plc (AIM: TRAK), the global telematics and data
insight provider, announces that the Company has today granted
475,000 options ("Options") over ordinary shares of 1 pence each
("Ordinary Shares") to Jonathan Furber, Finance Director. The
Options have an exercise price of 137.5 pence per Ordinary Share
(being the mid-market closing price of an Ordinary Share on 24
November 2017) and are exercisable at any time between 27 November
2020 and 26 November 2027. Further information is set out in the
PDMR disclosure table below.
In addition, the Company announces that it has today allotted
50,000 new Ordinary Shares following the exercise of share options
by an employee.
Application will be made to the London Stock Exchange for the
50,000 new Ordinary Shares to be admitted to trading on AIM
("Admission") and it is expected that Admission will become
effective and trading will commence at 8.00 a.m. on 1 December
2017.
After Admission, the issued share capital of the Company will be
35,773,254 Ordinary Share of which 29,000 are held in treasury.
Therefore the total number of Ordinary Shares in the Company with
voting rights on Admission will be 35,744,254. This figure may be
used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
For further information, please visit www.trakm8.com or
contact:
Trakm8 Holdings plc
John Watkins, Executive Chairman
Jon Furber, Finance Director +44 (0)1747 858 444
Buchanan Communications
Henry Harrison-Topham / Victoria Hayns +44 (0)20 7466 5000
finnCap (Nominated Adviser and Broker)
Ed Frisby / Simon Hicks - Corporate finance
Tim Redfern / Richard Chambers - Corporate
broking +44 (0)20 7220 0500
About Trakm8
Trakm8 is a UK based technology leader in fleet management,
insurance telematics, optimisation and dashboard camera systems.
Through IP owned technology, the Group analyses data collected by
its installed base of telematics units to fine tune the algorithms
that are used to produce its telematics based solutions; these
score driver behavior, 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, and it has over 217,000 installed units reporting
to its servers.
Headquartered in Coleshill near Birmingham alongside its
manufacturing facility, the Group supplies to the Fleet,
Optimisation, Insurance and Automotive sectors, to 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
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
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 Jonathan Furber
--- ------------------------------- --------------------------------
2. Reason for the Notification
--- -----------------------------------------------------------------
a) Position/status Finance Director / PDMR
--- ------------------------------- --------------------------------
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 213800I7RQRIKCSHY846
--- ------------------------------- --------------------------------
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 Options over ordinary shares
the Financial of 1p each ("Ordinary Shares")
instrument, type
of instrument
---
Identification GB00B0P1RP10
code
--- ------------------------------- --------------------------------
b) Nature of the Issue of Options over Ordinary
transaction Shares
--- ------------------------------- --------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
137.5p 475,000
--------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information: See 4 (c) above
* Aggregated volume
* Price
--- ------------------------------- --------------------------------
e) Date of the transaction 27 November 2017
--- ------------------------------- --------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
TVRLLFEVLTLDFID
(END) Dow Jones Newswires
November 27, 2017 09:02 ET (14:02 GMT)
Trakm8 (LSE:TRAK)
Historical Stock Chart
From Apr 2024 to May 2024
Trakm8 (LSE:TRAK)
Historical Stock Chart
From May 2023 to May 2024
