REG - Tracsis PLC - Director/PDMR Shareholding

TracsisAnnouncement

14/12/2020 14:00

RNS Number : 5923I
  
Tracsis PLC
  
14 December 2020
  
 

14 December 2020                                                               
Tracsis plc
("Tracsis" or the "Group")
Director/PDMR shareholding
 
Tracsis is a leading provider of software, hardware and services for the rail, traffic data and wider transport industries, and confirms that on 14 December 2020, its Chief Financial Officer Max Cawthra sold 75,000 ordinary shares in Tracsis at a price of 638.7p.
Following this sale, Max Cawthra retains an interest of 93,022 ordinary shares representing 0.3% of the issued share capital, and also has 40,535 unexercised share options.
Enquiries:
Tracsis plc                                                                                                                                              Tel: 0845 125 9162
Chris Barnes, CEO
Max Cawthra, CFO
finnCap Ltd                                                                                                                                           Tel: 020 7220 0500
Christopher Raggett/Charlie Beeson, Corporate Finance
Andrew Burdis, Corporate Broking
Alma PR                                                                                                                                                 Tel: 020 3405 0205
Rebecca Sanders-Hewett/David Ison/Helena Bogle/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 analytic services for the rail, traffic data and wider transport industries.
·       Tracsis' products and services are widely used to increase efficiency, reduce cost and risk and improve operational and asset performance, safety management and decision making capabilities for clients and customers. 
·       The Group is split into two principle operating areas built around detailed industry knowledge and expertise:

-  Rail Technology & Services: Software and technology led business supported by consultancy. Develops remote condition monitoring hardware and safety, productivity improvement, risk management and data acquisition software for rail infrastructure providers and software that solves complex resource, asset optimisation and control problems for Train Operators.
-  Traffic & Data Services: A largely services led business that focuses on data capture, data analytics, data insights and event traffic management within transport and pedestrian rich environments.  The business provides technology and data that underpins large scale intelligent transport system and smart city planning and decision making.

·       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 event organisers, and a wide variety of large engineering and infrastructure companies.
·       The business drives growth both organically and through acquisition and has made fourteen acquisitions since 2008.
·       For more information on Tracsis please visit http://www.tracsis.com





1.         


Details of the person discharging managerial responsibilities/person closely associated




a)


Name:


Max Cawthra




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:
Identification code:


Ordinary shares of 0.4 pence each ("Ordinary Shares") 
GB00B28HSF71




b)


Nature of the transaction:


Sale of Ordinary Shares 




c)


Price(s) and volume(s):


 




Price(s)


Volume(s)




Exercise of Options: 




638.7 pence


75,000




 




d)


Aggregated information:

·       Aggregated volume:
·       Price:



Single transaction as in 4 c) above
 




e)


Date of the transaction:


14 December 2020




f)


Place of the transaction:


AIM, London Stock Exchange (XLON)





 


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