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RNS Number : 0165Z Tracsis PLC 09 January 2024
Tracsis plc
("Tracsis" or the "Group")
Director/PDMR Shareholding and Total Voting Rights
Tracsis, a leading transport technology provider, announces that Chris Barnes,
Chief Executive Officer, exercised 35,780 LTIP shares over ordinary shares of
0.4p each in the Company ("Ordinary Shares") at an exercise price of 0.4 pence
per Ordinary Share (the "Exercise"). Chris Barnes subsequently sold 16,797
Ordinary Shares (the "Share Sale"), at a price of 925 pence per Ordinary
Share, in order to cover the tax obligations arising from the Exercise.
Following the Exercise and Share Sale, Chris Barnes' beneficial interest in
the Company is 40,108 Ordinary Shares, representing 0.13 per cent. of the
total issued share capital.
Total Voting Rights
Application has been made for 35,780 Ordinary Shares (the "New Ordinary
Shares") to be admitted to trading on AIM and dealings are expected to
commence on 15 January 2024 ("Admission").
Following the issue of the New Ordinary Shares, the number of Ordinary Shares
in issue will be 30,149,595 For the purposes of the Financial Conduct
Authority's Disclosure and Transparency Rules, the total number of ordinary
shares of 0.4p each in the capital of the Company in issue as at the date of
Admission is 30,149,595 with each share carrying the right to one vote.
The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the Disclosure and Transparency Rules.
Enquiries:
Tracsis plc Tel: 0845 125 9162
Chris Barnes, CEO
Andy Kelly, CFO
Cavendish Capital Markets Limited Tel: 020 7220 0500
Jonny Franklin-Adams/Giles Balleny/Charlie Beeson, Corporate Finance
Andrew Burdis/Sunila de Silva, Corporate Broking
Alma Tel: 020 3405 0205
PR
David Ison/Rebecca Sanders-Hewett/Joe Pederzolli tracsis@almapr.co.uk
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)
The notifications set out below is provided in accordance with the
requirements of the EU Market Abuse Regulation.
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Chris Barnes
1. Reason for the notification
a) Position/status: Chief Executive Officer
b) Initial notification/Amendment: Initial notification
2. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Tracsis PLC
b) LEI: 2138005I15G3HBN2WD92
3. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument: Ordinary shares of 0.4 pence each ("Ordinary Shares")
Identification code: GB00B28HSF71
b) Nature of the transaction: Exercise of LTIP options over Ordinary Shares, and sale of Ordinary Shares to
cover tax obligations
c) Price(s) and volume(s):
Price(s) Volume(s)
Exercise of Options:
0.4 pence 35,780
Sale of Ordinary Shares:
925 pence 16,797
d) Aggregated information: Single transaction as in 4 c) above
· Aggregated volume:
· Aggregated Price:
e) Date of the transaction: Exercise: 4 January 2024
Sale: 8 January 2024
f) Place of the transaction: AIM, London Stock Exchange (XLON)
d)
Aggregated information:
· Aggregated volume:
· Aggregated Price:
Single transaction as in 4 c) above
e)
Date of the transaction:
Exercise: 4 January 2024
Sale: 8 January 2024
f)
Place of the transaction:
AIM, London Stock Exchange (XLON)
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