Tracsis plc
("Tracsis" or "the
Group")
AIM Rule 17
Update
Tracsis (LSE:
TRCS), a leading transport technology provider, announces the
following additional director disclosure provided pursuant to AIM
Rule 17 and Schedule Two (g) of the AIM Rules.
Tracy Sheedy, non-executive director
of Tracsis, is a non-executive director of Internet Mobile
Communications Limited ("IMC"). On 19 June 2024, joint
administrators were appointed to IMC.
Tracsis plc
Chris Barnes, CEO
Andy Kelly, CFO
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+44 (0)845 125 9162
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Cavendish Capital Markets Ltd (Nominated Adviser & Joint
Corporate Broker)
Jonny Franklin-Adams / Giles Balleny
/ Charlie Beeson (Corporate Finance)
Andrew Burdis / Sunila de Silva
(Corporate Broking)
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+44 (0)20 7220 0500
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Berenberg (Joint Corporate Broker & Financial
Adviser)
Mark Whitmore / Richard Andrews /
Alix Mecklenburg-Solodkoff
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+44 (0)20 3207 7800
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Alma
Strategic Communications David
Ison / Rebecca Sanders-Hewett / Joe Pederzolli
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+44 (0)20 3405 0205
tracsis@almastrategic.com
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Notes to editors:
· Tracsis plc is a technology company and a leading provider of
software and hardware products, data capture and data analytics/GIS
services for the rail, traffic data and wider transport
industries.
· Tracsis' products and services are widely used to increase
efficiency, reduce cost and risk, improve operational and asset
performance, improve safety management and decision making
capabilities and improve the overall end-user experience for
clients and customers.
· The
Group is split into two principal operating areas built around
detailed industry knowledge and expertise:
- Rail Technology &
Services: A software, technology and product led business. It develops
and supplies software that solves complex resource, asset
optimisation and control problems for Train Operators, and Smart
Ticketing, Delay Repay and other retail software to improve the
customer experience for rail users. It also develops remote
condition monitoring hardware, data acquisition software, and
safety and risk management software for rail infrastructure
providers.
- Data, Analytics, Consultancy
& Events: A largely services led
business that focuses on data capture, data analytics, GIS, earth
observation, data insights, consultancy and event traffic
management within a range of transport and pedestrian rich
environments. The business provides technology and bespoke
products and data that underpin large scale intelligent transport
systems, smart city planning and positive environmental decision
making.
· Tracsis has a blue-chip client base which includes all major
UK transport owning groups, Network Rail, Passenger and Freight
Train Operating Companies, the Department for Transport, TfL,
multiple local authorities, major outdoor music and sporting event
organisers, and a wide variety of large engineering and
infrastructure companies. In North America our clients include
Class 1 rail freight companies, transit operators, shortline
railroads and several large rail served ports and
industrials.
· The
business drives growth both organically and through acquisition and
has made seventeen acquisitions since 2008.
For more information on Tracsis
please visit http://www.tracsis.com