Tracsis PLC Directorate Change (3975P)
November 17 2016 - 2:01AM
UK Regulatory
TIDMTRCS
RNS Number : 3975P
Tracsis PLC
17 November 2016
17 November 2016
Tracsis plc
("Tracsis" or the "Group")
Directorate change
Tracsis plc, a leading provider of software and services for the
traffic data and transportation industry, announces that following
nearly a decade with the Group, Charles Winward will stand down as
a Non-Executive Director at the end of the month.
The Audit Committee will now be chaired by Liz Richards who was
appointed as a Non-Executive Director on 1 September 2016.
John McArthur, Chief Executive Officer, commented:
"Charles has been a Non-Executive Director of Tracsis since the
business floated on AIM in 2007 and has provided valuable counsel
and input throughout his 9 years of service and been an integral
part to the success of Tracsis. Given the evolution of our Group
and our commitment to correct corporate governance procedures, now
is an appropriate time for Charles to hand over his duties to a new
non-executive. Lisa Charles-Jones and Liz Richards were appointed
to the board over the summer, and following these results today,
Liz will assume the chair of the audit committee from Charles. On
behalf of the Board I would like to thank Charles for his support
and wish him well for the future."
For more information please contact:
John McArthur/Max Cawthra, Tel: 0845 125
Tracsis plc 9162
Dominic Emery/Matt Lewis, Tel: 020 7597
Investec Bank plc 4000
Rebecca Sanders-Hewett / Sarah Tel: 0207 382
Fabietti / Sam Modlin Redleaf 4730
Communications Tracsis@redleafpr.com
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.
-- Tracsis has a blue chip client base which includes the
majority of UK transport operators such as Arriva, First,
Stagecoach, Go-Ahead, National Express and Virgin. The business
also works extensively with Network Rail, the Department of
Transport, multiple local authorities, and a variety of large
engineering/infrastructure companies.
-- The business drives growth both organically and through
acquisition and has made eight acquisitions since 2008.
-- Tracsis listed on AIM in 2007 under ticker TRCS.
-- For more information visit http://www.tracsis.com
This information is provided by RNS
The company news service from the London Stock Exchange
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November 17, 2016 02:01 ET (07:01 GMT)