Trakm8 Holdings: Shares hit 5-mth high on signing new contract

Trakm8 Holdings

03/07/2020 08:38

** Shares in big data company Trakm8 Holdings  TKM8.L  surge
11.8% to 19p, highest since Jan. 30
    ** Says it entered a fleet optimisation contract with a
major UK food retailer, which was expected to be signed in March
but was delayed due to the COVID-19 outbreak  urn:newsml:reuters.com:*:nASN0008XU
    ** Says initial contract is for 2 years
    ** More than 106,300 shares change hands, compared with
30-day average of about 36,190 shares
    ** Shares down 26% this year, as of last close

 (Reporting by Shanima A in Bengaluru)
 ((shanima.a@thomsonreuters.com;  Within UK +44 20 7542 1810;
Outside UK+91 80 6182 2587;))