Trakm8 Holdings PLC New Appointment & Trading Update (8248F)
March 12 2020 - 2:00AM
UK Regulatory
TIDMTRAK
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
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END
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