Trakm8 Holdings PLC Completion of Nominated Adviser due diligence (3531T)
22 Julio 2022 - 1:00AM
UK Regulatory
TIDMTRAK
RNS Number : 3531T
Trakm8 Holdings PLC
22 July 2022
22 July 2022
Trakm8 Holdings plc
("Trakm8", the "Group" or the "Company")
Completion of Nominated Adviser due diligence
Trakm8 Holdings plc (AIM: TRAK), the global telematics and data
insight provider, is pleased to announce that, further to the
announcement on 27 April 2022, Allenby Capital Limited has
completed its nominated adviser due diligence and will continue as
the Company's Nominated Adviser.
Ends
For further information:
Trakm8 Holdings plc
John Watkins, Executive Chairman Tel: +44 (0) 167 543 4200
Jon Edwards, CFO www.trakm8.com
Allenby Capital Limited (Nominated Adviser & Broker) Tel:
+44 (0) 20 3328 5656
David Hart/Liz Kirchner, Corporate Finance
www.allenbycapital.com
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 264,000 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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END
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