Director/PDMR Shareholding

RNS Number : 4282U

Tracsis PLC

25 November 2019

 

25 November 2019

Tracsis plc

("Tracsis" or the "Group")

Director/PDMR Shareholding

Tracsis, a leading provider of software, hardware and services for the rail, traffic data and wider transport industries, confirms that it was notified that on 22 November 2019, Mac Andrade, Non-Executive Director purchased 4,118 ordinary shares in Tracsis, at an average price of 607p.

Following this purchase, Mac Andrade has an interest of 4,118 ordinary shares in Tracsis, representing 0.01% of the total voting rights in Tracsis.

Enquiries:

Tracsis plc                                                                                                                                             Tel: [phone]

Chris Barnes, CEO

Max Cawthra, CFO

finnCap Ltd                                                                                                                                           Tel: [phone]

Christopher Raggett/Scott Mathieson, Corporate Finance

Andrew Burdis, Corporate Broking

Notes to editors: 

·     Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytic services for the rail, traffic data and wider transport industries.

·     Tracsis' products and services are widely used to increase efficiency, reduce cost and risk and improve operational and asset performance, safety management and decision-making capabilities for clients and customers. 

·     The Group is split into two principle operating areas built around detailed industry knowledge and expertise:

-  Rail Technology & Services:  Software and technology led business supported by consultancy. Develops remote condition monitoring hardware and safety, productivity improvement, risk management and data acquisition software for rail infrastructure providers and software that solves complex resource, asset optimisation and control problems for Train Operators.

-  Traffic & Data Services: A largely services led business that focuses on data capture, data analytics, data insights and event traffic management within transport and pedestrian rich environments.  The business provides technology and data that underpins large scale intelligent transport system and smart city planning and decision making.

·     Tracsis has a blue-chip client base which includes all major UK transport owning Groups.  The business also works extensively with Network Rail, the Department of Transport, TfL, multiple local authorities, major outdoor music and sporting event organisers, and a wide variety of large engineering and infrastructure companies.

·     The business drives growth both organically and through acquisition and has made thirteen acquisitions since 2008.

·     For more information on Tracsis please visit http://www.tracsis.com

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Mac Andrade
2.	Reason for the notification
a)	Position/status:	Non-Executive Director, PDMR
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Tracsis PLC
b)	LEI:	2138005I15G3HBN2WD92
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Ordinary shares of 0.4 pence each ("Ordinary Shares") GB00B28HSF71
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) Exercise of Options: 607 pence 4,118
d)	Aggregated information: ·      Aggregated volume: ·      Price:	Single transaction as in 4 c) above
e)	Date of the transaction:	22 November 2019
f)	Place of the transaction:	AIM, London Stock Exchange (XLON)

 

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