Trakm8 Holdings PLC Holding(s) in Company (4046Z)
March 14 2017 - 6:54AM
UK Regulatory
TIDMTRAK
RNS Number : 4046Z
Trakm8 Holdings PLC
14 March 2017
14 March 2017
TRAKM8 HOLDINGS PLC
("Trakm8", the "Group" or the "Company")
Holdings in Company
Trakm8, the AIM-listed telematics and data insight provider, was
informed on 10 March 2017 that Edric Property & Investment
Company and its related parties were beneficially interested in
3,530,308 ordinary shares of 1 penny each, representing
approximately 9.89% of the voting rights of the Company.
For further information please contact:
Trakm8 Holdings plc +44 (0) 174 785 8444
John Watkins, Executive Chairman
James Hedges, Finance Director
finnCap (Nomad & Broker) +44 (0) 20 7220 0500
Ed Frisby / Simon Hicks - corporate finance
Tim Redfern / Richard Chambers - corporate broking
MHP Communications +44 (0) 20 3128 8100
Reg Hoare
Charlie Barker
About Trakm8
Trakm8 is a UK based Big Data company utilising telematics as
its primary enabler. Through IP owned technology, over three
billion miles worth of data is collected annually through its fleet
management solutions to create and fine tune algorithms used to
score driver behaviour, monitor vehicle health and continuously
improve the security and operational efficiencies of customers'
vehicles.
With its headquarters in Dorset and a manufacturing facility in
the West Midlands, the Group supplies a number of well-known
customers in the fleet management and insurance sectors across the
UK and further afield including customers such as the AA, Saint
Gobain, EON, Direct Line Group and Young Marmalade.
The Group's portfolio offers complete telematics solutions
including dashboard cameras that enable customers to record driving
incidents and mitigate the risk from "crash to cash" accidents.
This is complemented through a comprehensive hardware range, which
includes a self-install unit that is one of the smallest available
on the global market.
The Group has recently acquired both Route Monkey and Roadsense
Technologies Ltd. Route Monkey has enhanced Trakm8's logistics
solution offering route scheduling and optimisation, including
routing for electric vehicles. Roadsense has been acquired to
strengthen the Group's presence in the SME fleet management
market.
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 company news service from the London Stock Exchange
END
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