TRACSIS PLC

Board/Management Information • Sep 1, 2023

National Storage Mechanism | Additional information

RNS Number : 0148L

Tracsis PLC

01 September 2023

1 September 2023

Tracsis plc

("Tracsis" or "the Group")

Directorate Change

Tracsis, a leading transport technology provider, is pleased to announce the appointment of Tracy Sheedy as a Non-Executive Director with immediate effect. Tracy will succeed Jill Easterbrook as Chair of the Remuneration Committee, following Jill's appointment as Non-Executive Chair of the Board effective from today as previously announced.

Tracy will join the Group's Audit and Nomination Committees with immediate effect.

Tracy worked as Group HR Director of Croda International plc, the FTSE 100 global specialty chemicals company, for 7 years until retiring in 2023. Prior to that she held Group HR Director roles with UK listed businesses Fenner plc and Scapa Group plc, and other senior HR roles with a number of multi-national manufacturing businesses. She is a Fellow of the Chartered Institute of Personnel and Development, and is a Non-Executive Independent Member of the Governance and Remuneration Committee of Orbit Group.

Enquiries:
Tracsis plc	Tel: 0845 125 9162
Chris Barnes, CEO
Andy Kelly, CFO
finnCap Ltd	Tel: 020 7220 0500
Christopher Raggett/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

Relevant disclosures:

The following disclosures are required under Rule 17 and Schedule Two, paragraph (g) of the AIM Rules for Companies:

Full name: Tracy Florence Sheedy (née Tanner with previous surnames Adam and Mills)

Age: 60

Shares held in the Company: None

Current directorships: None

Historic directorships in previous 5 years: None

There is no further information to be disclose in relation to the appointment pursuant to Rule 17 and Schedule Two, paragraph (g) of the AIM Rules for Companies.

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

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