Director Change

RNS Number : 3948O

Trakm8 Holdings PLC

01 October 2019

 

1 October 2019

Trakm8 Holdings plc

("Trakm8", the "Group" or the "Company")

Director Change - Resignation of Non-Executive Director

Trakm8 Holdings plc (AIM: TRAK), announces that William (Bill) Duffy, Non-Executive Director has decided to step down from the Board with immediate effect to pursue other interests.

John Watkins, Chairman, said "I would like to thank Bill for four years of service to the Company. I and all my Colleagues have hugely appreciated his insight and commitment to the Company. It has been a great pleasure to work alongside him and we wish him well for the future."

- Ends -

For further information:

Trakm8 Holdings plc
John Watkins, Executive Chairman	Tel: [phone]
Jon Furber, Finance Director	www.trakm8.com
Arden Partners plc (Nominated Adviser & Broker)	Tel: [phone]
Paul Shackleton	www.arden-partners.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

 

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