Trakm8 Holdings PLC Issue of Equity (2845M)

TIDMTRAK

RNS Number : 2845M

Trakm8 Holdings PLC

14 July 2014

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Company")

Issue of Equity

Trakm8, the AIM-listed designer, developer and manufacturer of GPRS based hardware and software for the vehicle placement and security market, announces that it has applied to the London Stock Exchange for 100,000 new ordinary shares of 1p each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission") following the exercise of options by an employee of the Company. It is expected that Admission will become effective and trading will commence in these new Ordinary Shares at 8.00 a.m. on 18 July 2014.

Following Admission, the Company's enlarged issued share capital will comprise 28,973,821 Ordinary Shares. The Company holds 75,000 Ordinary Shares in treasury, therefore the total number of Ordinary Shares in the Company with voting rights will be 28,898,821. 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

-ends-

For further information please contact:

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOELLFVRDSISLIS

Trakm8 (LSE:TRAK)
Historical Stock Chart
From Oct 2024 to Nov 2024