REG - Tracsis PLC - Board Changes

TracsisAnnouncement

05/10/2022 09:33

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RNS Number : 7735B  Tracsis PLC  05 October 2022

5 October
2022

 

Tracsis plc

("Tracsis" or "the Group")

 

Board Changes

 

Tracsis, a leading provider of software, hardware, data analytics/GIS and
services for the rail, traffic data and wider transport industries, today
announces the following changes to its Board of Directors.

 

Jill Easterbrook joins the Board as a Non-Executive Director

 

Tracsis is pleased to announce the appointment of Jill Easterbrook as a
Non-Executive Director with immediate effect.

 

Jill is Non-Executive Chair of Headland Consultancy and is a Non-Executive
Director on the boards of FTSE 100 companies Auto Trader Group plc and Ashtead
Group plc, as well as international household brands company UP Global
Sourcing Holdings plc.

 

From 2017 to 2020 she served as CEO of fashion retailer, Boden. This followed
a 15-year career in a variety of senior management roles at Tesco plc, where
she was a member of the Executive Committee.

 

Jill will join the Group's Audit, Remuneration and Nomination Committees with
immediate effect.

 

Lisa Charles-Jones to step down from the Board

 

Lisa Charles-Jones will step down from the Board on 31 December 2022 after six
years with the Group. Lisa will be succeeded as Chair of the Remuneration
Committee by Jill Easterbrook at this date. The Board thanks Lisa for her
service and wishes her well for the future.

 

 

 Enquiries:

 Tracsis                                                                                                                                                                                                                                                                                                                       Tel: 0845 125 9162
 plc
 Chris Barnes, CEO
 Andy Kelly, CFO

 finnCap                                                                                                                                                                                                                                                                                                                       Tel: 020 7220 0500
 Ltd
 Christopher Raggett/Charlie Beeson, Corporate Finance
 Andrew Burdis/Sunila de Silva, Corporate Broking

 Alma                                                                                                                                                                                                                                                                                                                          Tel: 020 3405 0205
 PR
 David Ison/Hilary Buchanan/Joe Pederzolli                                                                                                                                                                                                                                                                                     tracsis@almapr.co.uk

 

 

Relevant disclosures

 

The following disclosures are required under Schedule Two, paragraph (g) of
the AIM Rules for Companies:

 

1.    Mrs Jillian Alexandra Easterbrook, aged 51, has held the following
directorships and/or partnerships in the past five years:

 

Current directorships:

 

·    Verde Bidco Limited

·    Ashtead Group plc

·    Autotrader Group plc

·    UP Global Sourcing Holdings plc

 

Past directorships:

 

·    J.P.Boden & Co. Limited

·    JP Boden (Holdings) Limited

·    JP Boden (Europe) Limited

 

 

2.    Jill Easterbrook was appointed as a director of Blinkbox Music
Limited (a subsidiary of Tesco PLC) on 10 January 2013 and resigned on 23
January 2015. On 26 January 2015, Blinkbox Music Limited was acquired by
Guvera Limited from Tesco PLC. On 19 June 2015 the company appointed
administrators. On 20 June 2016, the company moved from administration to
creditors voluntary liquidation. The directors' statement of affairs dated 19
June 2022 showed an estimated deficiency as regards creditors of £1,249,954.
No claims have been received by Tesco PLC in relation to Blinkbox Music
Limited.

 

3.    Jillian does not have any beneficial interest in the ordinary shares
of the Company.

 

 

 

Notes to editors:

 

·    Tracsis plc is a technology company and a leading provider of
software and hardware products, data capture and data analytic/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 customer experience for clients and customers.

 

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

 

-    Rail Technology & Services:  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
solutions 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
system, 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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