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TRAK Trakm8 Holdings Plc

9.25
0.00 (0.00%)
23 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 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

Trakm8 Holdings PLC New Appointment & Trading Update (8248F)

12/03/2020 7:00am

UK Regulatory


Trakm8 (LSE:TRAK)
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RNS Number : 8248F

Trakm8 Holdings PLC

12 March 2020

12 March 2020

Trakm8 Holdings plc

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

New Appointment & Trading Update

Trakm8 Holdings plc (AIM: TRAK), is pleased to announce the appointment of Peter Mansfield as Trakm8 Group Sales and Marketing Director.

He will be appointed to the Board of Directors in due course, subject to satisfactory regulatory due diligence.

Peter joins the Company following a successful sales leadership career in financial data services and will be responsible for Trakm8's sales and marketing strategy and resources reporting to the Executive Chairman.

The Company is also pleased to confirm that the trading for the year ending 31(st) March 2020 remains in line with previous guidance of increased revenues and modest adjusted profit before tax

- 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                           www.arden-partners.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 240,000 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.

END

MSCUAVVRRRUOAAR

(END) Dow Jones Newswires

March 12, 2020 03:00 ET (07:00 GMT)

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