Tracsis plc
("Tracsis" or the
"Group")
Director/PDMR Shareholding
and Total Voting Rights
Tracsis, a leading transport
technology provider, announces that Andy Kelly, Chief Financial
Officer, exercised 19,489 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"). Andy Kelly subsequently
sold 9,165 Ordinary Shares (the "Share Sale"), at a price of 920
pence per Ordinary Share, in order to cover the tax obligations
arising from the Exercise.
Following the Exercise and Share
Sale, Andy Kelly's beneficial interest in the Company is 10,324
Ordinary Shares, representing 0.03 per cent. of the total issued
share capital.
Total Voting Rights
Application has been made for 19,489
Ordinary Shares (the "New Ordinary Shares") to be admitted to
trading on AIM and dealings are expected to commence on 11 March
2024 ("Admission").
Following the issue of the New
Ordinary Shares, the number of Ordinary Shares in issue will be
30,201,420 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 30,201,420 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.
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Enquiries:
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Tracsis plc
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Tel: 0845 125 9162
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Chris Barnes, CEO
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Andy Kelly, CFO
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Cavendish
Capital Markets Limited
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Tel: 020 7220 0500
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Jonny Franklin-Adams/Giles Balleny/Charlie
Beeson, Corporate Finance
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Andrew Burdis/Sunila de Silva, Corporate
Broking
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Alma PR
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Tel: 020 3405 0205
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David Ison/Rebecca Sanders-Hewett/Joe
Pederzolli
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tracsis@almapr.co.uk
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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.
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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.
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1.
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Details of the person discharging managerial
responsibilities/person closely associated
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a)
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Name:
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Andrew Kelly
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1.
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Reason for the notification
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a)
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Position/status:
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Chief Financial Officer
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b)
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Initial
notification/Amendment:
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Initial notification
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2.
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name:
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Tracsis PLC
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b)
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LEI:
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2138005I15G3HBN2WD92
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3.
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Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
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a)
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Description of the financial
instrument, type of instrument:
Identification code:
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Ordinary shares of 0.4 pence each
("Ordinary Shares")
GB00B28HSF71
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b)
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Nature of the
transaction:
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Exercise of LTIP options over
Ordinary Shares, and sale of Ordinary Shares to cover tax
obligations
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c)
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Price(s) and volume(s):
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Price(s)
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Volume(s)
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Exercise of Options:
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0.4
pence
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19,489
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Sale of Ordinary Shares:
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920 pence
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9,165
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d)
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Aggregated information:
· Aggregated volume:
· Aggregated Price:
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Single transaction as in 4 c)
above
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e)
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Date of the transaction:
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4 March 2024
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f)
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Place of the transaction:
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AIM, London Stock Exchange
(XLON)
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