Tracsis PLC Director/PDMR Shareholding (5609F)
February 21 2018 - 10:08AM
UK Regulatory
TIDMTRCS
RNS Number : 5609F
Tracsis PLC
21 February 2018
21(st) February 2018
Tracsis plc
("Tracsis" or the "Group")
Director/PDMR Shareholding
Tracsis plc, a leading provider of software and services for the
traffic data and transportation industry, announces that it has
been informed that John McArthur, Chief Executive Officer has sold
a total of 105,000 Ordinary Shares in the Group (c. 10% of his
total shareholding).
The total figure comprises 85,000 Ordinary Shares that were sold
on 20(th) February at a price of 515p and 20,000 Ordinary Shares
that were sold on 21(st) February at an average price of 518p.
Following this sale, Mr McArthur retains an interest in 957,783
Ordinary Shares representing 3.4% of the issued share capital of
Tracsis.
1. Details of the person discharging managerial
responsibilities/person closely associated
----- ------------------------------------------------------------
(a) Name Mr John McArthur
----- ---------------------------- ------------------------------
2. Reason for the notification
----- ------------------------------------------------------------
(a) Position/status Chief Executive Officer
----- ---------------------------- ------------------------------
(b) Initial notification/ Initial notification
Amendment
----- ---------------------------- ------------------------------
3. Details of the issuer
----- ------------------------------------------------------------
(a) Name Tracsis plc
----- ---------------------------- ------------------------------
(b) LEI N/A
----- ---------------------------- ------------------------------
4. 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
----- ------------------------------------------------------------
(a) Description Tracsis plc Ordinary Shares
of the Financial of 0.4p each
Instrument
----- ---------------------------- ------------------------------
(b) Identification ISIN: GB00B28HSF71
code of the
Financial Instrument
----- ---------------------------- ------------------------------
(c) Nature of the Sale of shares
transaction
----- ---------------------------- ------------------------------
(d) Price(s) and Price(s) Volume(s)
volume(s)
-------------- --------------
515p 90,000
-------------- --------------
520p 10,000
-------------- --------------
517p 5,000
-------------- --------------
Aggregated
(e) information
* Aggregated volume 105,000
515.57p
- Price
---------------------------------- ------------------------------
(f) Date of the 20(th) and 21(st) February
transaction 2018
----- ---------------------------- ------------------------------
(g) Place of the London Stock Exchange
transaction
----- ---------------------------- ------------------------------
For more information please contact:
Tracsis plc Tel: 0845 125
John McArthur / Max Cawthra 9162
Investec Bank plc
Corporate Finance: Andrew Pinder Tel: 020 7597
/ Sebastian Lawrence 5970
Corporate Broking: Rob Baker
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 ten acquisitions since 2008.
--For more information on Tracsis please visit
http://www.tracsis.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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