Email Facebook Twitter

RNS EXCLUSIVE: Cabot praise 3D seismic mapping after successful winter programme

Trakm8 Hldgs Regulatory News (TRAK)

Regulatory News for Trakm8 Hldgs (TRAK)

Share Price: 94.00Bid: 92.00Ask: 96.00Change: 0.00 (0.00%)No Movement on Trakm8 Hldgs
Spread: 4.00Spread as %: 4.35%Open: 96.00High: 96.00Low: 92.00Yesterday’s Close: 94.00

Contract Extension

Wed, 31st May 2017 07:00

RNS Number : 5412G
Trakm8 Holdings PLC
31 May 2017

31 May 2017



("Trakm8" or the "Group")


Iceland Foods Awards Trakm8 Optimisation & Telematics Contract Extension



Trakm8, the AIM-listed telematics and data provider to the global market place, is pleased to announce it has been awarded a contract extension by Iceland Foods Limited, the UK's leading frozen food retailer.


The contract extension covers the provision of Trakm8's Route Monkey Optimisation software and updates Trakm8's Roadsense telematics with Trakm8's latest "RoadHawk 600" integrated 4G video and telematics solution, with data provided via Trakm8's latest data solution "Insight". The new contract extension will run until April 2024.


Trakm8, through Route Monkey and Roadsense, has been providing solutions for over 1,500 Home delivery vehicles and optimising over 11 million deliveries per year. The next generation solutions will provide even better optimisation of these deliveries, far better insights into how the vehicles are being driven and the vehicle service requirements. The solutions will be fully integrated within the Trakm8 software and Iceland's EPOS.


John Watkins, Executive Chairman of Trakm8 commented: 

"We have been working with Iceland Foods for over four years providing optimisation and telematics solutions. Iceland is a market leader in adopting new technology and we are delighted that it is the first significant customer for our next generation integrated products and solutions.


"It is validation of the acquisitions of both Route Monkey & Roadsense and Trakm8's product strategy to integrate Optimisation, Camera and Telematics technologies.


"This is a long term contract that provides predictable revenues for the years ahead."




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. / @Trakm8



The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.


This information is provided by RNS
The company news service from the London Stock Exchange

Related Shares:
Trakm8 Holdings (TRAK)

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

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.