Change of Auditor

RNS Number : 5096Z

Trakm8 Holdings PLC

13 January 2020

 

13 January 2020

Trakm8 Holdings plc

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

Change of Auditor

Trakm8 Holdings plc (AIM: TRAK), the global telematics and data insight provider, is pleased to announce that it has changed its financial auditor to Cooper Parry Group Limited for the audit of the financial year ending 31 March 2020.  The change is part of the Directors' continued focus on efficiency savings and in line with good corporate governance; there are no adverse reasons for this decision.  Cooper Parry Group Limited, audits a number of AIM listed companies and has a team of 450 employees across 4 offices. 

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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, Corporate Finance Fraser Marshall, Head of Sales	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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