Trakm8 Holdings PLC Result of AGM (5270Y)
09 September 2015 - 7:45PM
UK Regulatory
TIDMTRAK
RNS Number : 5270Y
Trakm8 Holdings PLC
09 September 2015
Trakm8 Holdings plc
("Trakm8", the "Group" or the "Company")
Result of AGM
Trakm8 Holdings plc, the AIM listed telematics and data supplier
to global markets, is pleased to announce that at its Annual
General Meeting held earlier today, the notice of which is
available at the Group's website www.trakm8.com, all resolutions
were duly passed.
For further information please contact:
Trakm8 Holdings plc +44 1747 858444
John Watkins, Executive Chairman
James Hedges, Finance Director
MHP Communications (Financial
PR to Trakm8) +44 20 3128 8100
Reg Hoare / Jade Neal
finnCap (Nomad & Broker to
Trakm8) +44 20 7220 0500
Ed Frisby / Simon Hicks -
corporate finance
Jo Weaving - corporate broking
About Trakm8
Trakm8, the M2M telematics company using Big Data analytics to
improve driver behaviour is a leading technology designer,
developer and manufacturer of telematics products and
solutions.
The Group, based in Shaftesbury, Dorset, distributes its
hardware and software through a network of distributors worldwide.
In addition the Group provides vehicle monitoring and tracking
services direct to the B2B market. Trakm8's IP owned products and
services allow vehicles and drivers to be monitored, allowing
organisations to manage deliveries and services, or track stolen
vehicles down to five metres.
In June 2015, the Group acquired the business and assets of DCS
Ltd, who specialise in the design and distribution of camera
systems for the motor vehicle, bicycle and security markets. This
further strengthens Trakm8's offering into the Telematics
marketplace, with the acquisition based on the market's demand for
forward facing vehicle cameras to record driving incidents and
mitigate the risk from "crash to cash" accidents.
Trakm8's most recent generation of hardware is the T10 product
range, which includes a self-install telematics device. The Group's
services also include a driver behaviour management solution that
reduces fuel consumption by 10% or more and reduces the risk of
accidents. This is complemented by a logistics routing and
scheduling package, integrated tachograph data reporting
facilities, and the ability to read vehicle DTCs (Diagnostic
Trouble Codes) reducing serviceability downtime. The Group's
customers include the AA, St Gobain, EON, Direct Line Group, &
Young Marmalade.
Trakm8 has been listed on the AIM market of the London Stock
Exchange since 2005.
www.trakm8.com / @Trakm8
This information is provided by RNS
The company news service from the London Stock Exchange
END
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