Tracsis wins Small Cap Company of the Year award____ Tracsis is pleased to announce that it has won Small Cap Company of the Year at the 2013 Small Cap Awards. The awards recognise outstanding achievement in the quoted UK small and micro-cap market and the people and companies that have demonstrated the benefits and advantages of access to public markets. John McArthur, Chief Executive Officer commented: "I am delighted to announce that Tracsis has won this award in what has been a milestone year for the Group. This year has seen further growth, international progress, plus of course the recent acquisition of Sky High PLC, which adds considerable breadth, depth and scale to our offering. It is great to have our team's hard work recognised by the Small Cap Awards and we look forward to the coming year with confidence."
22 Apr '13
John McAuthur tops up
Directors Dealing____ Tracsis has received notice that on 19 April 2013, John McArthur, a Director of the Company, acquired 4,515 ordinary shares in the Company ("Shares") at a price of £1.66 per Share.___ Following the transaction, John McArthur now holds 961,990 Shares representing 3.86% of the total voting rights of the Company.
27 Mar '13
Tracsis Bid for Sky High
Tracsis looking to buy Sky High for £3.28m cash. Sky High made 289K PBT in the half year to 30 September 2012 and the company gave a pretty upbeat statement when reporting those results on 3 December. Also, Sky High operates in Australia as well as the UK which may be useful to TRCS. One point I like about TRCS is that there's no hype. Profit forecasts discount any acquisitions and yet are clearly looking for earnings enhancing deals.
26 Mar '13
SP well up on the recent Interims. http://www.investegate.co.uk/tracsis-plc/rns/interim-results/201303040700090844Z/
Expect interim results to be released this week, within which I would expect notice of an interim dividend. In the trading statement released at the end of January it stated results would be in line with market expectations. Should give details of how the latest acquisitons have bedded in. Share price could re-act either way, depending how the market takes the news. Regards CM
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