Trakm8 Holdings PLC Award of Options (8195J)
15 Dicembre 2022 - 9:05AM
UK Regulatory
TIDMTRAK
RNS Number : 8195J
Trakm8 Holdings PLC
15 December 2022
For immediate release 15 December 2022
Trakm8 Holdings plc
('Trakm8' or the 'Company')
Award of Options
Trakm8 Holdings plc (AIM: TRAK), the global telematics and data
insight provider, announces that the Company has granted a total of
500,000 options (the "Options") over ordinary shares of 1 pence
each ("Ordinary Shares") to certain employees of the Company under
its existing share option plan. This is a routine grant to existing
employees as part of the Company's compensation policy. The Options
granted have an exercise price of 13.5p (being the mid-market
closing price of an Ordinary Share on 8 December 2022), with a
10-year life and will vest on 9 December 2025.
The Company's share option plan allows for the issue of up to
12% of the issued share capital by way of options and following
this grant a total of 9.4% of the Company's issued share capital
will have been granted as options.
- Ends -
For further information:
Trakm8 Holdings plc
John Watkins, Executive Chairman Tel: +44 (0) 1675 434 200
Jon Edwards, Chief Financial Officer www.trakm8.com
Allenby Capital Limited (Nominated Tel: +44 (0 ) 20 3328 5656
Adviser & Broker)
David Hart/Vivek Bhardwaj, Corporate www.allenbycapital.com
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, Parts Alliance, Direct Line Group,
ByMiles 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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END
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December 15, 2022 03:05 ET (08:05 GMT)
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