Trakm8 Holdings PLC Appointment of Deputy Chairman (0703B)

TIDMTRAK

RNS Number : 0703B

Trakm8 Holdings PLC

31 March 2017

31 March 2017

TRAKM8 HOLDINGS PLC

("Trakm8", the "Group" or the "Company")

Appointment of Deputy Chairman

Trakm8, the AIM-listed telematics and data insight provider, is pleased to announce the appointment of Keith Evans as non-executive Deputy Chairman with immediate effect.

Mr Evans joined the Trakm8 Board as a non-executive Director on 1 July 2013. He was previously a senior partner at PricewaterhouseCoopers and has over 27 years of senior management, commercial and financial experience in the Financial Services, Automotive and Information Technology sectors.

John Watkins, Executive Chairman of Trakm8, said:

"The Board of Trakm8 has benefitted greatly from Keith's strategic experience since he joined the Board. We look forward to utilising his skills and guidance in a more hands-on role for the next phase of the Group's growth."

For further information please contact:

 
Trakm8 Holdings plc                                  [phone] 
John Watkins, Executive Chairman 
James Hedges, Finance Director 
 
finnCap (Nomad & Broker)                             [phone] 
Ed Frisby / Simon Hicks - corporate finance 
Tim Redfern / Richard Chambers - corporate broking 
 
MHP Communications                                   [phone] 
Reg Hoare 
Charlie Barker 
 

About Trakm8

Trakm8 is a UK based Big Data company utilising telematics as its primary enabler. Through IP owned technology, over three billion miles worth of data is collected annually through its fleet management solutions to create and fine tune algorithms used to score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiencies of customers' vehicles.

With its headquarters in Dorset and a manufacturing facility in the West Midlands, the Group supplies a number of well-known customers in the fleet management and insurance sectors across the UK and further afield including customers such as the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.

The Group's portfolio offers complete telematics solutions including dashboard cameras that enable customers to record driving incidents and mitigate the risk from "crash to cash" accidents. This is complemented through a comprehensive hardware range, which includes a self-install unit that is one of the smallest available on the global market.

The Group has recently acquired both Route Monkey and Roadsense Technologies Ltd. Route Monkey has enhanced Trakm8's logistics solution offering route scheduling and optimisation, including routing for electric vehicles. Roadsense has been acquired to strengthen the Group's presence in the SME fleet management market.

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.

www.trakm8.com / @Trakm8

This information is provided by RNS

The company news service from the London Stock Exchange

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March 31, 2017 02:01 ET (06:01 GMT)