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T42 IoT Tracking Solutions plc announced that all resolutions were passed at its Annual General Meeting held on 11 June 2026. Following this approval, on 11 June 2026, the Company granted a total of 300,000 options over ordinary shares to Director Igor Vatenmacher (150,000 options) and PDMR Aviran Sabag (150,000 options). These options were granted at an exercise price of 4.5p per share, subject to vesting periods of 12 and 24 months respectively, and will lapse after 10 years.
| Date | 15 Jun 2026 |
| Time | 09:30:00 |
| Category | AGMs and other meetings |
| ID | 3006I |
15 June 2026
t42 IoT Tracking Solutions plc
("t42" or the "Company")
Result of AGM and Grant of options
T42 IoT Tracking Solutions plc (AIM: TRAC) ("t42" or the "Company"), a leading provider of global shipping container tracking solutions, is pleased to announce that at the Company's Annual General Meeting ("AGM"), held on 11 June 2026, all resolutions were duly passed. The proxy voting results will shortly be available on the Company's website at: www.t42.co.uk/.
Grant of options
Following shareholder approval at the AGM, the Company, on 11 June 2026, granted options over ordinary shares in the Company ("Options") to the following Director and PDMR:
|
Name |
Quantity |
Exercise price |
Vesting Period |
|
Igor Vatenmacher |
150,000 |
4.5p |
Monthly over 12 months |
|
Aviran Sabag (PDMR) |
150,000 |
4.5p |
Monthly over 24 months |
The Options shall vest, subject to continued employment, as set out in the schedule above and shall lapse 10 years after grant.
Contacts:
|
t42 IoT Tracking Solutions PLC Michael Rosenberg, Chairman Avi Hartmann, CEO |
07785 727595 +972 544735663 |
|
Strand Hanson Limited (Nominated Adviser, Financial Adviser and Broker) James Harris/ Richard Johnson/ Imogen Ellis |
020 7409 3494 |
Notes to Editors
t42 IoT Tracking Solutions plc (AIM: TRAC), formerly Starcom Systems plc, provides real-time tracking, analysis, monitoring, and security IoT solutions for the global container and freight market and covers 55 countries, over 100 distributors, and 50 logistics and support partners.
t42's multi-sensor IoT tracking devices use a wide range of detection capabilities with cloud-based analytics and alerts, with real-time data transmission, analysis, and actionable insights. Its devices are used by ports, cargo owners, shipping companies, freight forwarders, insurance companies, customs authorities, homeland security, and police for end-to-end global container tracking and digital transformation of shipments.
For more information on the Company, please visit: www.t42.co.uk/.
PDMR Notification Form:
The notifications below are made in accordance with the requirements of MAR.
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
1. Igor Vatenmacher 2. Aviran Sebag |
|
2. |
Reason for the Notification |
|
|
a) |
Position/status |
1. Non-executive Director 2. PDMR (CFO) |
|
b) |
Initial notification/amendment |
Initial notification |
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
T42 IoT Tracking Solutions PLC |
|
b) |
LEI |
213800XVU7WF3QMF4826 |
|
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 |
|
Identification code |
JE00BKVDPL34 |
|
|
b) |
Nature of the Transaction |
Grant of Options |
|
c) |
Price(s) and volume(s) |
1. 150,000 options at 4.5p 2. 150,000 options at 4.5p |
|
d) |
Aggregated information
|
300,000 options |
|
e) |
Date of the transaction |
11 June 2026 |
|
f) |
Place of the transaction |
Outside a trading venue |