Trakm8 Holdings PLC Directorate Change (4454P)
August 31 2017 - 6:30AM
UK Regulatory
TIDMTRAK
RNS Number : 4454P
Trakm8 Holdings PLC
31 August 2017
TRAKM8 HOLDINGS PLC
("Trakm8", the "Group" or the "Company")
Directorate Change
Trakm8, the AIM quoted telematics and data provider to the
global market place, announces that James Hedges, Finance Director,
has stepped down from the Board effective 31 August 2017 having
served on the Board for over eight years. His resignation is as a
result of the move of the Group's finance team from the Dorset site
to the Group's West Midlands site, which is expected to be
completed by mid-September 2017.
In addition, the Company announces the appointment, effective 18
September 2017, of Jonathan ("Jon") Furber joining as the new
Finance Director of the Group. Following Jon's appointment, James
will remain as an employee of the Group for the time required to
facilitate a smooth handover.
Jon has previously held senior finance roles at technology
growth businesses; he was CFO at AppSense and at Vistorm/HP
Information Security (UK), and most recently interim CFO at
Intrinsic Technology. Jon is a chartered accountant having trained
and qualified at KPMG.
John Watkins, Executive Chairman, commented: "On behalf of the
Board I would like to thank James for his significant contribution
to the growth of Trakm8. We all wish him well for the future. We
look forward to welcoming Jon to the Group."
For further information please contact:
Trakm8 Holdings plc +44 1747 858444
John Watkins, Executive Chairman
MHP Communications (Financial
PR to Trakm8) +44 20 3128 8100
Reg Hoare / Charlie Barker
finnCap (Nomad & Broker to
Trakm8) +44 20 7220 0500
Ed Frisby / Simon Hicks -
corporate finance
Tim Redfern / Richard Chambers
- corporate broking
About Trakm8
Trakm8 is a UK based Big Data company supplying telematics based
solutions and data insight to the global market. Through IP owned
technology, the Group analyses billions of miles worth of data to
create and fine tune algorithms. These are used to produce
telematics based solutions that score driver behaviour, monitor
vehicle health and continuously improve the security and
operational efficiency of both private drivers and company
fleets.
The Group's product portfolio includes cameras (including the
recently launched integrated telematics camera), self-installed
telematics units and technology to eliminate distracted driving due
to mobile phones.
Headquartered in Dorset with a manufacturing facility in the
West Midlands, the Group supplies, through its dedicated business
units Fleet, Optimisation, Insurance and Automotive, many
well-known customers in the UK and internationally including the
AA, Saint Gobain, EON, 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
Regulatory Disclosures
The following disclosures are required regarding Jonathan
Furber's appointment pursuant to Rule 17 and Schedule Two paragraph
(g) of the AIM Rules for Companies:
Current directorships and partnerships:
JSF Business Advisors Ltd
DART Limited
High Mark Farming Limited
Past directorships and partnerships held over the last 5
years:
None
Full Name: Jonathan Peter Furber
Age: 41
Jonathan has no shareholding in the Company.
No further disclosure is required under Rule 17 and Schedule Two
paragraph (g) of the AIM Rules for Companies with respect to
Jonathan Furber.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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