11 March 2024
Tracsis PLC
("Tracsis" or the "Group")
Appointment of Joint
Broker
Tracsis plc (LSE: TRCS), a leading
transport technology provider, is pleased to announce the
appointment of Joh. Berenberg, Gossler & Co. KG ("Berenberg") as its Joint Corporate
Broker and Financial Adviser with immediate effect, alongside the
Company's Nominated Adviser and Joint Corporate Broker
Cavendish.
For
further information contact:
|
Tracsis plc
Chris Barnes, CEO
Andy Kelly, CFO
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+44 (0)845 125 9162
|
|
Cavendish Capital Markets Ltd (Nominated Adviser & Joint
Corporate Broker)
Jonny Franklin-Adams / Giles Balleny
/ Charlie Beeson (Corporate Finance)
Andrew Burdis / Sunila de Silva
(Corporate Broking)
|
+44 (0)20 7220 0500
|
|
Berenberg (Joint Corporate Broker & Financial
Adviser)
Mark Whitmore / Richard Andrews /
Alix Mecklenburg-Solodkoff
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+44 (0)20 3207 7800
|
|
Alma
David Ison / Rebecca
Sanders-Hewett / Joe Pederzolli
|
+44 (0)20 3405 0205
tracsis@almastrategic.com
|
Notes to editors:
· Tracsis plc is a technology company and a leading provider of
software and hardware products, data capture and data analytics/GIS
services for the rail, traffic data and wider transport
industries.
· Tracsis' products and services are widely used to increase
efficiency, reduce cost and risk, improve operational and asset
performance, improve safety management and decision making
capabilities and improve the overall end-user experience for
clients and customers.
· The
Group is split into two principal operating areas built around
detailed industry knowledge and expertise:
- Rail Technology & Services: A
software, technology and product led business. It develops and
supplies software that solves complex resource, asset optimisation
and control problems for Train Operators, and Smart Ticketing,
Delay Repay and other retail software to improve the customer
experience for rail users. It also develops remote condition
monitoring hardware, data acquisition software, and safety and risk
management software for rail infrastructure providers.
- Data, Analytics, Consultancy &
Events: A largely services led business that focuses on data
capture, data analytics, GIS, earth observation, data insights,
consultancy and event traffic management within a range of
transport and pedestrian rich environments. The business
provides technology and bespoke products and data that underpin
large scale intelligent transport systems, smart city planning and
positive environmental decision making.
· Tracsis has a blue-chip client base which includes all major
UK transport owning groups, Network Rail, Passenger and Freight
Train Operating Companies, the Department for Transport, TfL,
multiple local authorities, major outdoor music and sporting event
organisers, and a wide variety of large engineering and
infrastructure companies. In North America our clients include
Class 1 rail freight companies, transit operators, shortline
railroads and several large rail served ports and
industrials.
· The
business drives growth both organically and through acquisition and
has made seventeen acquisitions since 2008.
For more information on Tracsis
please visit http://www.tracsis.com