REG - Tracsis PLC - Director/PDMR Shareholding and Total Voting Rights

TracsisAnnouncement

05/03/2024 11:00

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RNS Number : 6442F  Tracsis PLC  05 March 2024

Tracsis plc

("Tracsis" or the "Group")

Director/PDMR Shareholding and Total Voting Rights

 

Tracsis, a leading transport technology provider, announces that Andy Kelly,
Chief Financial Officer, exercised 19,489 LTIP options 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"). Andy Kelly subsequently sold 9,165
Ordinary Shares (the "Share Sale"), at a price of 920 pence per Ordinary
Share, in order to cover the tax obligations arising from the Exercise.

Following the Exercise and Share Sale, Andy Kelly's beneficial interest in the
Company is 10,324 Ordinary Shares, representing 0.03 per cent. of the total
issued share capital.

 

Total Voting Rights

Application has been made for 19,489 Ordinary Shares (the "New Ordinary
Shares") to be admitted to trading on AIM and dealings are expected to
commence on 11 March 2024 ("Admission").

Following the issue of the New Ordinary Shares, the number of Ordinary Shares
in issue will be 30,201,420 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 30,201,420 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:                                                         Andrew Kelly
 1.    Reason for the notification
 a)    Position/status:                                              Chief Financial 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  19,489
                                                                     Sale of Ordinary Shares:
                                                                     920 pence  9,165

 
 d)    Aggregated information:                                       Single transaction as in 4 c) above

       · Aggregated volume:

       · Aggregated Price:
 e)    Date of the transaction:                                      4 March 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:

4 March 2024

f)

Place of the transaction:

AIM, London Stock Exchange (XLON)

 

 

 

 

 

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