REG - Tracsis PLC - Appointment of Joint Broker

TracsisAnnouncement

11/03/2024 07:30

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RNS Number : 3130G  Tracsis PLC  11 March 2024

11 March 2024

Tracsis PLC

("Tracsis" or the "Group")

Appointment of Joint Broker

Tracsis plc (LSE: TRCS), a leading transport technology provider, is pleased
to announce the appointment of Joh. Berenberg, Gossler & Co. KG
("Berenberg") as its Joint Corporate Broker and Financial Adviser with
immediate effect, alongside the Company's Nominated Adviser and Joint
Corporate Broker Cavendish.

 

For further information contact:

 

 

 Tracsis plc                                                                     +44 (0)845 125 9162

 Chris Barnes, CEO

 Andy Kelly, CFO

 Cavendish Capital Markets Ltd (Nominated Adviser & Joint Corporate Broker)      +44 (0)20 7220 0500

 Jonny Franklin-Adams / Giles Balleny / Charlie Beeson (Corporate Finance)

 Andrew Burdis / Sunila de Silva (Corporate Broking)

 Berenberg (Joint Corporate Broker & Financial Adviser)                          +44 (0)20 3207 7800

 Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff

 Alma                                                                            +44 (0)20 3405 0205
 David Ison / Rebecca Sanders-Hewett / Joe Pederzolli

                                                                                 tracsis@almastrategic.com

 

Notes to editors:

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

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

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

-       Rail Technology & Services:  A software, technology and
product led business. It develops and supplies software that solves complex
resource, asset optimisation and control problems for Train Operators, and
Smart Ticketing, Delay Repay and other retail software to improve the customer
experience for rail users. It also develops remote condition monitoring
hardware, data acquisition software, and safety and risk management software
for rail infrastructure providers.

-       Data, Analytics, Consultancy & Events: A largely services
led business that focuses on data capture, data analytics, GIS, earth
observation, data insights, consultancy and event traffic management within a
range of transport and pedestrian rich environments.  The business provides
technology and bespoke products and data that underpin large scale intelligent
transport systems, smart city planning and positive environmental decision
making.

·      Tracsis has a blue-chip client base which includes all major UK
transport owning groups, Network Rail, Passenger and Freight Train Operating
Companies, the Department for Transport, TfL, multiple local authorities,
major outdoor music and sporting event organisers, and a wide variety of large
engineering and infrastructure companies. In North America our clients include
Class 1 rail freight companies, transit operators, shortline railroads and
several large rail served ports and industrials.

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

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

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