REG - Tracsis PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TRCS.L</Origin>

TracsisAnnouncement

21/02/2018 15:10

RNS Number : 5609F
Tracsis PLC
21 February 2018
21st February 2018
Tracsis plc
("Tracsis" or the "Group")
Director/PDMR Shareholding
Tracsis plc, a leading provider of software and services for the traffic data and transportation industry, announces that it has been informed that John McArthur, Chief Executive Officer has sold a total of 105,000 Ordinary Shares in the Group (c. 10% of his total shareholding).
The total figure comprises 85,000 Ordinary Shares that were sold on 20th February at a price of 515p and 20,000 Ordinary Shares that were sold on 21st February at an average price of 518p. Following this sale, Mr McArthur retains an interest in 957,783 Ordinary Shares representing 3.4% of the issued share capital of Tracsis.
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Mr John McArthur
2.
Reason for the notification
(a)
Position/status
Chief Executive Officer
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer
(a)
Name
Tracsis plc
(b)
LEI
N/A
4.
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
Tracsis plc Ordinary Shares of 0.4p each 
(b)
Identification code of the Financial Instrument
ISIN: GB00B28HSF71
(c)
Nature of the transaction
Sale of shares
(d)
Price(s) and volume(s)
Price(s)
Volume(s)


515p
90,000


520p
10,000


517p
5,000



(e)
Aggregated information
- Aggregated volume
-  Price
105,000
515.57p
(f)
Date of the transaction
20th and 21st February 2018
(g)
Place of the transaction
London Stock Exchange
For more information please contact:
Tracsis plc
John McArthur / Max Cawthra
Tel:0845 125 9162
Investec Bank plc
Corporate Finance: Andrew Pinder / Sebastian Lawrence
Corporate Broking: Rob Baker
Tel: 020 7597 5970
Notes to editors:
The Group specialises in solving a variety of data capture, reporting and resource optimisation problems along with the provision of a range of associated professional services.
Tracsis' products and services are used to increase efficiency, reduce cost and improve the operational performance and decision making capabilities for clients and customers.
The Company offers the following services:
-Rail Technology & Services:Software and technology led consulting, and remote condition monitoring: Industry strength software that covers a variety of asset classes working alongside consulting and related professional services across the operational and strategic planning horizon, plus technology and reporting for critical infrastructure assets in real time, to identify problems and aid with preventative maintenance.
-Traffic & Data Services: Collation, analytical services, and event management within traffic and pedestrian rich environments. The business provides technology and data that is instrumental in the development of 21stcentury intelligent transport systems and smart cities.
Tracsis has a blue chip client base which includes all major UK transport owning Groups. The business also works extensively with Network Rail, the Department of Transport, TfL, multiple local authorities, major outdoor music and sporting events, and a wide variety of large engineering and infrastructure companies.
The business drives growth both organically and through acquisition and has made ten acquisitions since 2008.
For more information on Tracsis please visithttp://www.tracsis.com

This information is provided by RNS
The company news service from the London Stock Exchange
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