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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Trakm8 Holdings Plc | LSE:TRAK | London | Ordinary Share | GB00B0P1RP10 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.25 | 8.50 | 10.00 | 9.25 | 9.25 | 9.25 | 10,000 | 07:43:24 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Transportation Equipment,nec | 20.2M | -783k | -0.0157 | -5.89 | 4.62M |
From Apr 2019 to Apr 2024
TIDMTRAK
RNS Number : 4266C
Trakm8 Holdings PLC
01 October 2018
1 October 2018
Trakm8 Holdings plc
('Trakm8' or the 'Group')
Contract Extension Award
Trakm8 Holdings plc (AIM:TRAK), a leading telematics and data supplier to global markets, is pleased to announce that it has been awarded an extension to its contract with an existing customer, a major UK vehicle leasing company, to supply it with the Group's telematics-based services.
The three-year contract is initially for 2,000 vehicles, which will be fulfilled during the current financial year ending 31 March 2019, and it is expected that the requirements will be between 10,000 and 15,000 vehicles over the lifetime of the contract.
John Watkins, Executive Chairman of Trakm8, commented: "Trakm8 has been working with this customer for some years and I am pleased to announce this extended agreement which demonstrates our ability to grow with our clients and adds to the Group's revenue visibility."
- Ends -
For further information:
Trakm8 Holdings plc John Watkins, Executive Chairman Tel: +44 (0) 167 543 4200 Jon Furber, Finance Director www.trakm8.com Arden Partners plc (Nominated Adviser Tel: +44 (0) 20 7614 5900 & Broker) Paul Shackleton / Alex Penney www.arden-partners.com
Media enquiries:
Buchanan Chris Lane / Tilly Abraham Tel: +44 (0) 20 7466 5000 Trakm8@buchanan.uk.com www.buchanan.uk.com
About Trakm8
Trakm8 is a UK based technology leader in fleet management, insurance telematics, connected car, and optimisation. Through IP owned technology, the Group analyses data collected by 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 and reporting portal (Trakm8 Insight), integrated telematics/cameras, self-installed telematics units and one of the widest ranges of installed telematics devices. Trakm8 has over 250,000 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, Direct Line Group and Young Marmalade.
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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
October 01, 2018 02:00 ET (06:00 GMT)
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