Trakm8 Holdings PLC Appointment of Director (5581M)
January 09 2019 - 1:00AM
UK Regulatory
TIDMTRAK
RNS Number : 5581M
Trakm8 Holdings PLC
09 January 2019
For immediate release 9 January 2019
Trakm8 Holdings plc
('Trakm8' or the 'Company')
Appointment of Director
Trakm8 Holdings plc (AIM: TRAK), a leading telematics and data
supplier to global markets, is pleased to announce the appointment
of Nadeem Raza as an additional non-executive Director with
immediate effect.
Mr Raza has been CEO of Microlise Group Holdings Limited
("Microlise"), the fleet technology solutions company, for over 13
years and brings significant industry experience and insight to the
Board.
Commenting, John Watkins, Executive Chairman of Trakm8 said:
'Following the recent subscription by Microlise, we welcome
Nadeem Raza, Microlise CEO, as the third non-executive Director on
the Board of the Company. He has a 20 year career at Microlise with
13 years as CEO. He will bring strong knowledge of the telematics
market, excellent intellect and vigorous challenge to the executive
team.'
The following information regarding Nadeem Raza (aged 51)
appointment is required to be disclosed under Schedule 2g of the
AIM Rules for Companies:
Other directorships held:
Current Past
Microlise Group Holdings Limited None
Microlise Holdings Limited
Microlise Group Limited
Microlise Limited
Microlise Engineering Limited
Microlise Pty Limited
Microlise Telematics Pty Limited
Microlise SAS
Mr Raza holds 178,622 Ordinary Shares in Trakm8. Mr Raza is the
CEO and principle shareholder in Microlise which, as at the date of
this document, hold 10,000,000 ordinary shares in the Company.
There are no further disclosures to be made under Schedule 2g of
the AIM Rules for Companies.
- 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
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END
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