TIDMTRCS
RNS Number : 0165Z
Tracsis PLC
09 January 2024
Tracsis plc
("Tracsis" or the "Group")
Director/PDMR Shareholding and Total Voting Rights
Tracsis, a leading transport technology provider, announces that
Chris Barnes, Chief Executive Officer, exercised 35,780 LTIP shares
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 16,797 Ordinary Shares
(the "Share Sale"), at a price of 925 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 40,108 Ordinary Shares, representing
0.13 per cent. of the total issued share capital.
Total Voting Rights
Application has been made for 35,780 Ordinary Shares (the "New
Ordinary Shares") to be admitted to trading on AIM and dealings are
expected to commence on 15 January 2024 ("Admission").
Following the issue of the New Ordinary Shares, the number of
Ordinary Shares in issue will be 30,149,595 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 30,149,595 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.
Enquiries:
Tracsis plc Tel: 0845 125 9162
Chris Barnes, CEO
Andy Kelly, CFO
Cavendish Capital Markets Limited Tel: 020 7220 0500
Jonny Franklin-Adams/Giles Balleny/Charlie Beeson,
Corporate Finance
Andrew Burdis/Sunila de Silva, Corporate Broking
Alma PR Tel: 020 3405 0205
David Ison/Rebecca Sanders-Hewett/Joe Pederzolli tracsis@almapr.co.uk
Notes to editors:
-- Tracsis plc is a technology company and a leading provider of
software and hardware products, data capture and data analytics/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 end-user experience for
clients and customers.
-- The Group is split into two principal operating areas built
around detailed industry knowledge and expertise:
- Rail Technology & Services: A 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 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 systems,
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.
Details of the person discharging managerial responsibilities/person
1. closely associated
a) Name: Chris Barnes
-------------------------------- ---------------------------------------------
Reason for the notification
1.
-------------------------------------------------------------------------------
a) Position/status: Chief Executive Officer
-------------------------------- ---------------------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------- ---------------------------------------------
Details of the issuer, emission allowance market participant,
2. auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
a) Name: Tracsis PLC
-------------------------------- ---------------------------------------------
b) LEI: 2138005I15G3HBN2WD92
-------------------------------- ---------------------------------------------
Details of the transaction(s): section to be repeated for (i)
3. each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted
-------------------------------------------------------------------------------
a) Description of the Ordinary shares of 0.4 pence each ("Ordinary
financial instrument, Shares")
type of instrument: GB00B28HSF71
Identification code:
-------------------------------- ---------------------------------------------
b) Nature of the transaction: Exercise of LTIP options over Ordinary
Shares, and sale of Ordinary Shares to
cover tax obligations
-------------------------------- ---------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise of Options:
0.4 pence 35,780
-------------- ------------
Sale of Ordinary Shares:
925 pence 16,797
------------
-------------------------------- ---------------------------------------------
d) Aggregated information: Single transaction as in 4 c) above
* Aggregated volume:
* Aggregated Price:
-------------------------------- ---------------------------------------------
e) Date of the transaction: Exercise: 4 January 2024
Sale: 8 January 2024
-------------------------------- ---------------------------------------------
f) Place of the transaction: AIM, London Stock Exchange (XLON)
-------------------------------- ---------------------------------------------
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END
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