Director/PDMR Shareholding

RNS Number : 8247L

Trakm8 Holdings PLC

10 September 2012

 

TRAKM8 HOLDINGS PLC

('Trakm8' or 'the Company')

Directors' Dealings

Trakm8, the AIM-quoted designer and developer of licensed GPRS based hardware and software for the vehicle placement and security market, was notified on 7 September 2012 that, following purchases of a total of 816,777 Shares ordinary shares in the Company ("Shares") (representing 4.21% of Shares in issue) on 7 September 2012 at 17 pence per Share, the following Directors of the Company are now beneficially interested in Shares as set out below:

Name	Number of Shares purchased		New holding	% of Shares in issue
J Watkins (Chief Executive Officer)	481,994		4,534,732	23.36
J Hedges (Finance Director)	299,783		1,470,808	7.58
P Wilson (Sales Director)	35,000		555,512	2.86

The Company was also notified on 7 September 2012 that following the sale of 816,777 Shares, Mr Cary Knapton no longer has a notifiable interest in the Company. 

The price of 17 pence per Share compares to the closing mid market share price of 13 pence per Share on 6 September 2012.

-ends-

For further information please contact:

Trakm8 plc	01747 858444
John Watkins, Chief Executive Officer
James Hedges, Finance Director
MHP Communications	020 3128 8100
Reg Hoare / Vicky Watkins
finnCap	020 7220 0500
Ed Frisby / Christopher Raggett - corporate finance Simon Starr - corporate broking

About Trakm8

Trakm8, based in Shaftesbury, Dorset is a leading technology provider, designer and developer of GPRS based hardware and software to the vehicle tracking and security market. The Group distributes its hardware and software worldwide through a network of distributors. In addition the Group provides vehicle monitoring and tracking services direct to the B2B market. Trakm8's products allow vehicles and drivers to be monitored, allowing organisations to manage deliveries and services, or track stolen vehicles down to five metres. www.trakm8.com

 

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