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Trakm8 Hldgs Regulatory News (TRAK)



Regulatory News for Trakm8 Hldgs (TRAK)


Share Price: 110.00Bid: 105.00Ask: 115.00Change: 1.50 (+1.38%)Riser - Trakm8 Hldgs
Spread: 10.00Spread as %: 9.52%Open: 108.50High: 0.00Low: 0.00Yesterday’s Close: 108.50





Contract Extension with Shell

Wed, 7th Jun 2017 07:00

RNS Number : 3153H
Trakm8 Holdings PLC
07 June 2017
 

7 June 2017

TRAKM8 HOLDINGS PLC

 

("Trakm8" or the "Group")

 

Shell Awards Trakm8 Optimisation Contract Extension

 

Trakm8, the AIM-listed telematics and data provider to the global market place, is pleased to announce it has been awarded an extension to an existing contract with Shell to expand the development of its Smart Charging solution.

 

The contract extension will provide Shell with a capability to manage and optimise the charging of electric vehicles, initially for the US market.

 

John Watkins, Executive Chairman of Trakm8 commented: 

"Trakm8's Optimisation business, Route Monkey, has been working with Shell since 2013. This contract extension builds on the research and development work over the last four years, leading to commercialisation of the solution. 

 

"This contract extends the ongoing work to cover this financial year and creates a framework for continued collaboration."

 

-ends-

 

For further information please contact:

 

Trakm8 Holdings plc

+44 (0) 174 785 8444

John Watkins, Executive Chairman


James Hedges, Finance Director




finnCap (Nomad and broker)

+44 (0) 20 7220 0500

Ed Frisby / Simon Hicks - corporate finance


Tim Redfern /Richard Chambers - corporate broking




MHP Communications

+44 (0) 20 3128 8100

Reg Hoare


 

Charlie Barker


 

 

About Trakm8

Trakm8 is a UK based technology leader in fleet management, insurance telematics, optimisation and dashboard camera systems. Through IP owned technology, the Group analyses data collected by its installed base of telematics units to fine tune the algorithms that are used to produce its telematics based solutions; these score driver behaviour, monitor vehicle health and continuously improve the security and operational efficiency of both private drivers and company fleets.

 

The Group's product portfolio includes cameras (including the recently launched integrated telematics camera), self-installed telematics units and technology to eliminate distracted driving due to mobile phones, and it has over 191,000 installed units reporting to its servers. 

 

Headquartered in Dorset with a manufacturing facility in the West Midlands, the Group supplies, through its dedicated business units Fleet, Optimisation, Insurance and Automotive, many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, Direct Line Group and Young Marmalade.

 

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005. 

 

www.trakm8.com / @Trakm8

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Related Shares:
Trakm8 Holdings (TRAK)




DateSourceHeadlineCategory
02-Jan-18 09:22RNSHolding(s) in CompanyHolding(s) in Company
04-Dec-17 11:04RNSDirector/PDMR ShareholdingDirectors' Dealings
27-Nov-17 14:02RNSIssue of Options, Exercise of Options and TVRHolding(s) in Company
27-Nov-17 07:00RNSHalf-year ResultsResults and Trading Reports
23-Oct-17 07:00RNSTrading Update and Notice of ResultsCompany Announcement - General
06-Sep-17 11:49RNSResult of AGMResults and Trading Reports
06-Sep-17 07:00RNSAGM Statement and Trading UpdateResults and Trading Reports
31-Aug-17 11:30RNSDirectorate ChangeExecutive Changes
31-Aug-17 07:00RNSIntelematics Concludes Telematics Supply ContractCompany Announcement - General
11-Aug-17 13:01RNSDirector/PDMR ShareholdingDirectors' Dealings
11-Aug-17 07:00RNSNotice of AGM & Technology Roadshow for InvestorsResults and Trading Reports
08-Aug-17 07:00RNSContract winCompany Announcement - General
04-Jul-17 14:00RNSIssue of OptionsDirectors' Dealings
03-Jul-17 07:00RNSFinal ResultsResults and Trading Reports
07-Jun-17 07:00RNS-RContract Extension with ShellCompany Announcement - General
01-Jun-17 13:08RNSPDMR ShareholdingDirectors' Dealings
30-May-17 07:00RNS-RMecalac awards Trakm8 telematics contractCompany Announcement - General
31-May-17 07:00RNSContract ExtensionCompany Announcement - General
24-May-17 07:00RNSContract winCompany Announcement - General
03-May-17 07:00RNSContract ExtensionCompany Announcement - General
28-Apr-17 07:00RNSTrading StatementResults and Trading Reports
07-Apr-17 07:00RNSDirector/PDMR ShareholdingDirectors' Dealings
06-Apr-17 09:40RNSDirector/PDMR ShareholdingDirectors' Dealings
04-Apr-17 07:00RNS-RContract ExtensionCompany Announcement - General
31-Mar-17 07:00RNSAppointment of Deputy ChairmanExecutive Changes
14-Mar-17 10:54RNSHolding(s) in CompanyHolding(s) in Company
10-Mar-17 08:15RNSDirector Shareholdings & Total Voting RightsDirectors' Dealings
03-Mar-17 12:58RNSCompletion of Capital RaisingCompany Announcement - General
03-Mar-17 07:00RNSProposed Capital RaisingCompany Announcement - General
21-Feb-17 09:43RNSDirector/PDMR ShareholdingCompany Announcement - General


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