Trakm8 Holdings PLC Directorate Change (8862E)
12 July 2021 - 4:00PM
UK Regulatory
TIDMTRAK
RNS Number : 8862E
Trakm8 Holdings PLC
12 July 2021
12 July 2021
Trakm8 Holdings plc
("Trakm8", the "Group" or the "Company")
Directorate Change
Trakm8 Holdings plc (AIM: TRAK), the global telematics and data
insight provider today announces that Jon Furber intends to step
down from the Board effective 30(th) September 2021 having served
on the Board as Chief Financial Officer for over 4 years. Jon has
decided to return to private equity back business.
In addition, the Company announces the appointment, effective
1(st) October 2021, of Jonathan ("Jon") Edwards as the new Chief
Financial Officer of the Group and Board Director, subject to the
usual regulatory approvals.
Jon has been employed by the Group for over 14 years, for many
of those years as the Group Financial Controller and more recently
as Group Operations Director. During the period to 30th September
the time will be used to facilitate a smooth handover of
responsibilities.
John Watkins, Executive Chairman, commented: "On behalf of the
Board I would like to thank Jon Furber for his significant
contribution to the Group and wish him well for the future. We look
forward to welcoming Jon Edwards to the Board."
- 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 Tel: +44 (0) 20 7614 5900
& Broker)
Paul Shackleton, Head of Corporate www.arden-partners.com
Finance
Simon Johnson, Head of Sales
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 analytics
and reporting portal (Trakm8 Insight), integrated
telematics/cameras/optimisation, self-installed telematics units
and one of the widest ranges of installed telematics devices.
Trakm8 has over 254,000 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, The Parts Alliance Group, Direct Line
Group, LexisNexis and Ingenie.
Trakm8 has been listed on the AIM market of the London Stock
Exchange since 2005.
www.trakm8.com / @Trakm8
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END
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