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Trakm8 Hldgs Regulatory News (TRAK)



Regulatory News for Trakm8 Hldgs (TRAK)


Share Price: 21.00Bid: 20.00Ask: 22.00Change: 0.00 (0.00%)No Movement on Trakm8 Hldgs
Spread: 2.00Spread as %: 10.00%Open: 20.25High: 21.50Low: 20.00Yesterday’s Close: 21.00





Contract win

Tue, 8th Aug 2017 07:00

RNS Number : 3389N
Trakm8 Holdings PLC
08 August 2017
 

TRAKM8 HOLDINGS PLC

 

("Trakm8" or the "Group")

 

Trakm8 Awarded Calor Gas UK Integrated Telematics Supply Contract

 

 

Trakm8, the AIM quoted telematics and data provider to the global market place, is pleased to announce it has been awarded a five year contract by Calor Gas UK in conjunction with its reseller partner Dakota Integrated Solutions (www.dakotais.co.uk), to supply the RoadHawk 600 integrated camera and telematics solution with tachograph download, driver behaviour and data analytics.

 

The contract is valued at in excess of £1.3m and the units will be deployed during 2017.

 

John Watkins, Executive Chairman of Trakm8 commented: 

"We are delighted to be awarded this contract with Calor. It is another major customer to move forward with our latest integrated camera and telematics proposition and it provides additional visibility for current year revenues and profitability."

 

 

-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 Big Data company supplying telematics-based solutions and data insight to the global market. Through IP owned technology, The Group analyses billions of miles worth of data to create and fine tune algorithms. These are used to produce telematics based solutions that 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.

 

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

 

 

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
 
END
 
 
CNTUBURRBNAWRUR


Related Shares:
Trakm8 Holdings (TRAK)




DateSourceHeadlineCategory
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02-Jul-18 07:00RNSFinal ResultsResults and Trading Reports
27-Jun-18 07:00RNS-RContract Extension AwardCompany Announcement - General
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13-Apr-18 07:01RNSFull Year Trading UpdateCompany Announcement - General
13-Apr-18 07:00RNSChange of AdviserExecutive Changes
03-Apr-18 09:00RNSExercise of Options/Issue of EquityCompany Announcement - General
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


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