TRAKM8 HOLDINGS PLC — Director's Dealing 2017

Apr 6, 2017

National Storage Mechanism | Additional information

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RNS Number : 7922B

Trakm8 Holdings PLC

06 April 2017

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Group")

Director/PDMR Shareholding

Trakm8, the AIM-listed telematics and data insight provider, was notified on 5 April 2017 of the following sale and purchase transfer in its ordinary shares of one penny each ("Ordinary Shares") on 5 April 2017 by Matt Cowley, Big Data Director of the Company of 20,011 Ordinary Shares from his own direct personal holding to his individual savings account ("ISA"). The Ordinary Shares were sold at a price of 76.00 pence per Ordinary Share and purchased back by his ISA at a price of 76.15 pence per Ordinary Share.

Following this transaction, Mr Cowley's total beneficial interest in the Company remains unchanged at 1,744,203 Ordinary Shares, representing approximately 4.89% 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

Matt Cowley

2.               

Reason for the Notification

a)

Position/status

Big Data 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 the Financial instrument, type of instrument

ordinary shares of 1p each ("Ordinary Shares")

Identification code

GB00B0P1RP10

b)

Nature of the transaction

Transfer of Ordinary Shares via Sale and Purchase

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Sale price - 76.00p Purchase price - 76.15p	20,011

d)

Aggregated information:

·     Aggregated volume

·     Price

Sale of 20,011 Ordinary Shares at 76.00 pence per Ordinary Share

Purchase of 20,011 Ordinary Shares at 76.15 pence per Ordinary Share

e)

Date of the transaction

5 April 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

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

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 including 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.

The Group acquired both Route Monkey and Roadsense Technologies Ltd. Route Monkey has enhanced Trakm8's logistics solution offering route scheduling and optimisation, including routing for electric vehicles. Roadsense has been acquired to strengthen the Group's presence in the SME fleet management market.

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

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