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Issue of Equity

9th Dec 2013 13:15

RNS Number : 0601V
Trakm8 Holdings PLC
09 December 2013
 

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Company")

Issue of Equity

Trakm8, the AIM-quoted designer and developer of GPRS based hardware and software for the vehicle placement and security market, announces that it has applied to the London Stock Exchange for 50,000 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 a former 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 11 December 2013.

Following Admission, the Company's enlarged issued share capital will comprise 28,873,821 Ordinary Shares. The Company holds 370,000 Ordinary Shares in treasury, therefore the total number of Ordinary Shares in the Company with voting rights will be 28,503,821. 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 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

Simon Starr - corporate broking

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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