Tracsis PLC Listing Application Update (6448R)
02 March 2019 - 3:30AM
UK Regulatory
TIDMTRCS
RNS Number : 6448R
Tracsis PLC
01 March 2019
1 March 2019
Tracsis plc
("Tracsis" or the "Company")
Update re Listing Application
Tracsis, a leading provider of software and services for the
traffic data and transportation industry, announces that, further
to the announcement on 28 February 2019 concerning the Company's
application to the London Stock Exchange for the blocklisting of
191,436 ordinary shares of 0.4p each ("Blocklisting Shares"),
admission of the Blocklisting Shares is expected to occur on 6
March 2019.
When issued the Blocklisting Shares will rank pari passu in all
respects with the existing Ordinary Shares of the Company.
Enquiries:
Tracsis plc
Tel: 0845 125 9162
John McArthur, CEO
Max Cawthra, CFO
finnCap Ltd Tel: 020 7220 0500
Christopher Raggett/Scott Mathieson, Corporate Finance
Andrew Burdis, Corporate Broking
The information communicated in this announcement is inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) No. 596/2014.
Notes to editors:
--The Group specialises in solving a variety of data capture,
reporting and resource optimisation problems along with the
provision of a range of associated professional services.
--Tracsis' products and services are used to increase
efficiency, reduce cost and improve the operational performance and
decision making capabilities for clients and customers.
--The Company offers the following services:
- Rail Technology & Services: Software and technology led
consulting, and remote condition monitoring: Industry strength
software that covers a variety of asset classes working alongside
consulting and related professional services across the operational
and strategic planning horizon, plus technology and reporting for
critical infrastructure assets in real time, to identify problems
and aid with preventative maintenance.
- Traffic & Data Services: Collation, analytical services,
and event management within traffic and pedestrian rich
environments. The business provides technology and data that is
instrumental in the development of 21(st) century intelligent
transport systems and smart cities.
--Tracsis has a blue chip client base which includes all major
UK transport owning Groups. The business also works extensively
with Network Rail, the Department of Transport, TfL, multiple local
authorities, major outdoor music and sporting events, and a wide
variety of large engineering and infrastructure companies.
--The business drives growth both organically and through
acquisition and has made eleven acquisitions since 2008.
--For more information on Tracsis please visit
http://www.tracsis.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
ALSUGUUAWUPBGCG
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