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TRAK Trakm8 Holdings Plc

9.25
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Transportation Equipment,nec 20.2M -783k -0.0157 -5.89 4.62M

Trakm8 Holdings PLC Contract win (3389N)

08/08/2017 7:00am

UK Regulatory


Trakm8 (LSE:TRAK)
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RNS Number : 3389N

Trakm8 Holdings PLC

08 August 2017

TRAKM8 HOLDINGS PLC

("Trakm8" or the "Group")

Trakm8 Awarded Calor Gas UK Integrated Telematics Supply Contract

Trakm8, the AIM quoted telematics and data provider to the global market place, is pleased to announce it has been awarded a five year contract by Calor Gas UK in conjunction with its reseller partner Dakota Integrated Solutions (www.dakotais.co.uk), to supply the RoadHawk 600 integrated camera and telematics solution with tachograph download, driver behaviour and data analytics.

The contract is valued at in excess of GBP1.3m and the units will be deployed during 2017.

John Watkins, Executive Chairman of Trakm8 commented:

"We are delighted to be awarded this contract with Calor. It is another major customer to move forward with our latest integrated camera and telematics proposition and it provides additional visibility for current year revenues and profitability."

-ends-

For further information please contact:

 
                                     +44 (0) 174 785 
 Trakm8 Holdings plc                  8444 
 John Watkins, Executive Chairman 
 James Hedges, Finance Director 
 
                                     +44 (0) 20 7220 
 finnCap (Nomad and broker)           0500 
 Ed Frisby / Simon Hicks - 
  corporate finance 
 Tim Redfern / Richard Chambers 
  - corporate broking 
 
                                     +44 (0) 20 3128 
 MHP Communications                   8100 
 Reg Hoare / Charlie Barker 
 
 

About Trakm8

Trakm8 is a UK based Big Data company supplying telematics-based solutions and data insight to the global market. Through IP owned technology, The Group analyses billions of miles worth of data to create and fine tune algorithms. These are used to produce telematics based solutions that score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.

The Group's product portfolio includes cameras (including the recently launched integrated telematics camera), self-installed telematics units and technology to eliminate distracted driving due to mobile phones.

Headquartered in Dorset with a manufacturing facility in the West Midlands, the Group supplies, through its dedicated business units Fleet, Optimisation, Insurance and Automotive, many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, 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

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTUBURRBNAWRUR

(END) Dow Jones Newswires

August 08, 2017 02:00 ET (06:00 GMT)

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