Tracsis Regulatory News (TRCS)

5 October 2022

Tracsis plc

("Tracsis" or "the Group")

Board Changes

Tracsis, a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, today announces the following changes to its Board of Directors.

Jill Easterbrook joins the Board as a Non-Executive Director

Tracsis is pleased to announce the appointment of Jill Easterbrook as a Non-Executive Director with immediate effect.

Jill is Non-Executive Chair of Headland Consultancy and is a Non-Executive Director on the boards of FTSE 100 companies Auto Trader Group plc and Ashtead Group plc, as well as international household brands company UP Global Sourcing Holdings plc.

From 2017 to 2020 she served as CEO of fashion retailer, Boden. This followed a 15-year career in a variety of senior management roles at Tesco plc, where she was a member of the Executive Committee.

Jill will join the Group's Audit, Remuneration and Nomination Committees with immediate effect.

Lisa Charles-Jones to step down from the Board

Lisa Charles-Jones will step down from the Board on 31 December 2022 after six years with the Group. Lisa will be succeeded as Chair of the Remuneration Committee by Jill Easterbrook at this date. The Board thanks Lisa for her service and wishes her well for the future.

Relevant disclosures

The following disclosures are required under Schedule Two, paragraph (g) of the AIM Rules for Companies:

1. Mrs Jillian Alexandra Easterbrook, aged 51, has held the following directorships and/or partnerships in the past five years:

Current directorships:

· Verde Bidco Limited

· Ashtead Group plc

· Autotrader Group plc

· UP Global Sourcing Holdings plc

Past directorships:

· J.P.Boden & Co. Limited

· JP Boden (Holdings) Limited

· JP Boden (Europe) Limited

2. Jill Easterbrook was appointed as a director of Blinkbox Music Limited (a subsidiary of Tesco PLC) on 10 January 2013 and resigned on 23 January 2015. On 26 January 2015, Blinkbox Music Limited was acquired by Guvera Limited from Tesco PLC. On 19 June 2015 the company appointed administrators. On 20 June 2016, the company moved from administration to creditors voluntary liquidation. The directors' statement of affairs dated 19 June 2022 showed an estimated deficiency as regards creditors of £1,249,954. No claims have been received by Tesco PLC in relation to Blinkbox Music Limited.

3. Jillian does not have any beneficial interest in the ordinary shares of the Company.

Notes to editors: 

- Rail Technology & Services: Software, technology and product led business. It develops and supplies software that solves complex resource, asset optimisation and control problems for Train Operators and Smart Ticketing, Delay Repay and other retail software to improve the customer experience for rail users. It also develops remote condition monitoring hardware, data acquisition software and safety and risk management software solutions for rail infrastructure providers.

- Data, Analytics, Consultancy & Events: A largely services led business that focuses on data capture, data analytics, GIS, earth observation, data insights, consultancy and event traffic management within a range of transport and pedestrian rich environments. The business provides technology and bespoke products and data that underpin large scale intelligent transport system, smart city planning and positive environmental decision making.