Issue of Options, Exercise of Options and TVR

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 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)	Price(s) Volume(s) 137.5p 475,000
d)	Aggregated information: ·     Aggregated volume ·     Price	See 4 (c) above
e)	Date of the transaction	27 November 2017
f)	Place of the transaction	Outside a trading venue