| For immediate release | 28 November 2022 |
Trakm8 Holdings plc
('Trakm8' or the 'Group')
Director Dealing
Trakm8 Holdings plc (AIM:TRAK), the global telematics and data insight provider, has been notified that on 28 November 2022, 831 ordinary shares in the Company ("Ordinary Shares") were sold on behalf of, but without instruction from, John Watkins, Executive Chairman of the Company at a price of 14.1 pence per Ordinary Share. Following this sale, Mr Watkins re-purchased 831 Ordinary Shares at a price of 14.9 pence per Ordinary Share. Following these transactions, the beneficial holding of Mr Watkins remains unchanged.
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 | John Watkins | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Chairman | ||||
| 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
Identification code | ordinary shares of 1p each in Trakm8 Holdings plc
Identification code (ISIN) for Trakm8 Holdings plc ordinary shares: GB00B0P1RP10 | ||||
| b) | Nature of the transaction | Sale of ordinary shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 28 November 2022 | ||||
| f) | Place of the transaction | XLON, London Stock Exchange | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | John Watkins | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Chairman | ||||
| 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
Identification code | ordinary shares of 1p each in Trakm8 Holdings plc
Identification code (ISIN) for Trakm8 Holdings plc ordinary shares: GB00B0P1RP10 | ||||
| b) | Nature of the transaction | Purchase of ordinary shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 28 November 2022 | ||||
| f) | Place of the transaction | XLON, London Stock Exchange | ||||
- Ends -
For further information:
| Trakm8 Holdings plc |
|
| John Watkins, Executive Chairman | Tel: +44 (0) 1675 434 200 |
| Jon Edwards, Chief Financial Officer | |
|
|
|
| Allenby Capital Limited (Nominated Adviser & Broker) | Tel: +44 (0) 20 3328 5656 |
| David Hart/Vivek Bhardwaj, Corporate Finance Tony Quirke, Sales and Corporate Broking | |
|
| |
| | |
About Trakm8
Trakm8 is a UK based technology leader in fleet management, insurance telematics, connected car, and optimisation. Through IP owned technology, the Group uses AI data analytics collected from its installed base of telematics units to fine tune the algorithms that are used to produce its' solutions; these monitor driver behaviour, identify crash events and monitor vehicle health to provide actionable insights to continuously improve the security and operational efficiency of both company fleets and private drivers.
The Group's product portfolio includes the latest data analytics and reporting portal (Trakm8 Insight), integrated telematics/cameras/optimisation, self-installed telematics units and one of the widest ranges of installed telematics devices. Trakm8 has over 299,000 connections.
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, Iceland Foods, GSF, Direct Line Group, Ticker and Ingenie.
Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005. Trakm8 is also recognised with the LSE Green Economy Mark.
www.trakm8.com / @Trakm8
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