Last checked at 9 Jan 2019 07:00
For immediate release | 9 January 2019 |
Trakm8 Holdings plc
('Trakm8' or the 'Company')
Appointment of Director
Trakm8 Holdings plc (AIM: TRAK), a leading telematics and data supplier to global markets, is pleased to announce the appointment of Nadeem Raza as an additional non-executive Director with immediate effect.
Mr Raza has been CEO of Microlise Group Holdings Limited ("Microlise"), the fleet technology solutions company, for over 13 years and brings significant industry experience and insight to the Board.
Commenting, John Watkins, Executive Chairman of Trakm8 said:
'Following the recent subscription by Microlise, we welcome Nadeem Raza, Microlise CEO, as the third non-executive Director on the Board of the Company. He has a 20 year career at Microlise with 13 years as CEO. He will bring strong knowledge of the telematics market, excellent intellect and vigorous challenge to the executive team.'
The following information regarding Nadeem Raza (aged 51) appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:
Other directorships held:
Current | Past |
Microlise Group Holdings Limited | None |
Microlise Holdings Limited | |
Microlise Group Limited | |
Microlise Limited | |
Microlise Engineering Limited | |
Microlise Pty Limited | |
Microlise Telematics Pty Limited | |
Microlise SAS |
Mr Raza holds 178,622 Ordinary Shares in Trakm8. Mr Raza is the CEO and principle shareholder in Microlise which, as at the date of this document, hold 10,000,000 ordinary shares in the Company.
There are no further disclosures to be made under Schedule 2g of the AIM Rules for Companies.
- Ends -
For further information:
Trakm8 Holdings plc | |
John Watkins, Executive Chairman | Tel: +44 (0) 167 543 4200 |
Jon Furber, Finance Director | www.trakm8.com |
| |
Arden Partners plc (Nominated Adviser & Broker) | Tel: +44 (0) 20 7614 5900 |
Paul Shackleton / Alex Penney | www.arden-partners.com |
Media enquiries:
Buchanan |
|
Chris Lane / Tilly Abraham | Tel: +44 (0) 20 7466 5000 |
Trakm8@buchanan.uk.com | www.buchanan.uk.com |
About Trakm8
Trakm8 is a UK based technology leader in fleet management, insurance telematics, connected car, and optimisation. 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' solutions; these monitor driver behaviour, identify crash events and monitor vehicle health to provide actionable insights to continuously improve the security and operational efficiency of both company fleets and private drivers.
The Group's product portfolio includes the latest data and reporting portal (Trakm8 Insight), integrated telematics/cameras, self-installed telematics units and one of the widest ranges of installed telematics devices. Trakm8 has over 250,000 connections.
Headquartered in Coleshill near Birmingham alongside its manufacturing facility, the Group supplies to the Fleet, Optimisation, Insurance and Automotive sectors to many well-known customers in the UK and internationally including the AA, Saint Gobain, EON, Iceland Foods, 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