Change of Adviser

RNS Number : 2038A

Journeo PLC

01 February 2022

 

1 February 2022

Journeo plc

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

Change of Adviser

Journeo plc (AIM: JNEO), the information systems and transport technical services group, is pleased to announce the appointment of Cenkos Securities plc as nominated adviser and broker with immediate effect.

In accordance with AIM Rule 17, Schedule Two (g) sub-paragraph (v) of the AIM Rules for Companies, the Company also announces that Mark Elliott resigned as a director of GE Securities Limited (formerly Gilbert Eliott Securities Limited) on 30 September 2011. On 16 December 2011, the company was placed into creditors' voluntary liquidation with unsecured creditors amounting to approximately £132,000. No distribution was made to unsecured creditors and the company was dissolved on 2 4 May 2015.

For further information, please contact:

Journeo plc Russ Singleton/ Nick Lowe	[phone]
Cenkos Securities - Nominated Adviser and Broker Katy Birkin/Callum Davidson	[phone]

Notes to editors:

Journeo plc is an information systems and technical services business focussed on public transport and related infrastructure within towns, cities, airports, and local authorities. The Company works extensively with local government departments, combined authorities, and many of the largest multinational transport operators, supporting them as systems converge towards a more efficient and sustainable smarter-cities future.

The business currently comprises two segments:

· Fleet operator solutions: CCTV video surveillance to improve passenger & driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting.

· Passenger transport infrastructure solutions: design, manufacture, installation, and management of hardware and software for electronic public transport information systems, in and around towns, cities, ferry terminals and airports which includes smart-ticketing and wayfinding.

In the last few years, the Company has invested over £5m in research and development, enabling it to design and supply advanced solutions for customers' complex requirements and the demands of modern public transport. With an Internet of Things (IoT) approach and open standards, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.

 

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