Tracsis Regulatory News (TRCS)

Tracsis plc

("Tracsis" or the "Group")

Director/PDMR Shareholding and Total Voting Rights

Tracsis, a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, announces that Chris Barnes, Chief Executive Officer, exercised 18,962 LTIP options over ordinary shares of 0.4p each in the Company ("Ordinary Shares") at an exercise price of 0.4 pence per Ordinary Share (the "Exercise"). Chris Barnes subsequently sold 8,920 Ordinary Shares (the "Share Sale"), at a price of 953.47 pence per Ordinary Share, in order to cover the tax obligations arising from the Exercise.

Following the Exercise and Share Sale, Chris Barnes' beneficial interest in the Company is 21,125 Ordinary Shares, representing 0.07 per cent. of the total issued share capital.

Total Voting Rights

Application has been made for 18,962 Ordinary Shares (the "New Ordinary Shares") to be admitted to trading on AIM and dealings are expected to commence on 20 January 2023 ("Admission").

Following the issue of the New Ordinary Shares, the number of Ordinary Shares in issue will be 29,839,916. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of ordinary shares of 0.4p each in the capital of the Company in issue as at the date of Admission is 29,839,916 with each share carrying the right to one vote.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

Notes to editors: 

· Tracsis plc is a technology company and a leading provider of software and hardware products, data capture and data analytic/GIS services for the rail, traffic data and wider transport industries.

· Tracsis' products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision-making capabilities, and improve the overall customer experience for clients and customers. 

· The Group is split into two principal operating areas built around detailed industry knowledge and expertise:

- 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.

· Tracsis has a blue-chip client base which includes all major UK transport owning Groups, Network Rail, Passenger and Freight Train Operating Companies, the Department for Transport, TfL, multiple local authorities, major outdoor music and sporting event organisers, and a wide variety of large engineering and infrastructure companies. In North America our clients include Class 1 rail freight companies, transit operators, shortline railroads and several large rail served ports and industrials.

· The business drives growth both organically and through acquisition and has made seventeen acquisitions since 2008.

For more information on Tracsis please visit http://www.tracsis.com

The notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.