TIDMTRAK

RNS Number : 7507H

Trakm8 Holdings PLC

26 March 2020

 
For immediate release  26 March 2020 
 

Trakm8 Holdings plc

('Trakm8' or the 'Company')

Appointment of Director

Further to the announcement of 12 March, Trakm8 Holdings plc (AIM: TRAK), a leading telematics and data supplier to global markets, announces the appointment of Peter Mansfield as an executive Director with immediate effect.

Mr Mansfield was previously CEO of Deko, the retail finance technology provider, he has worked at board level for over a decade and will bring significant business and technology experience to the board of Trakm8.

The following information regarding the appointment of Peter Mansfield (aged 52) is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Other directorships held:

 
 Current 
 Iliad Services Limited 
  Parker Software Limited 
 
 

Mr Mansfield does not hold any Ordinary Shares in Trakm8.

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 / Victoria Hodge          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 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

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March 26, 2020 10:06 ET (14:06 GMT)

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