REG - Tracsis PLC - Directorate Change

TracsisAnnouncement

01/09/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230901:nRSA0148La&default-theme=true

RNS Number : 0148L  Tracsis PLC  01 September 2023

1 September 2023

 

Tracsis plc

("Tracsis" or "the Group")

 

Directorate Change

 

Tracsis, a leading transport technology provider, is pleased to announce the
appointment of Tracy Sheedy as a Non-Executive Director with immediate effect.
Tracy will succeed Jill Easterbrook as Chair of the Remuneration Committee,
following Jill's appointment as Non-Executive Chair of the Board effective
from today as previously announced.

 

Tracy will join the Group's Audit and Nomination Committees with immediate
effect.

 

Tracy worked as Group HR Director of Croda International plc, the FTSE 100
global specialty chemicals company, for 7 years until retiring in 2023. Prior
to that she held Group HR Director roles with UK listed businesses Fenner plc
and Scapa Group plc, and other senior HR roles with a number of multi-national
manufacturing businesses. She is a Fellow of the Chartered Institute of
Personnel and Development, and is a Non-Executive Independent Member of the
Governance and Remuneration Committee of Orbit Group.

 

 

 Enquiries:

 Tracsis plc                                                                                                              Tel: 0845 125 9162

 Chris Barnes, CEO
 Andy Kelly, CFO

 finnCap Ltd                                                                                                              Tel: 020 7220 0500

 Christopher Raggett/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

 

Relevant disclosures:

 

The following disclosures are required under Rule 17 and Schedule Two,
paragraph (g) of the AIM Rules for Companies:

 

Full name: Tracy Florence Sheedy (née Tanner with previous surnames Adam and
Mills)

Age: 60

Shares held in the Company: None

Current directorships: None

Historic directorships in previous 5 years: None

 

There is no further information to be disclose in relation to the appointment
pursuant to Rule 17 and Schedule Two, paragraph (g) of the AIM Rules for
Companies.

 

 

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)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAEAKPFDESDEFA