1 September 2016
("Tracsis" or the "Group")
Tracsis plc, a leading provider of software and services for the traffic data and transportation industry, is pleased to announce the appointment of Liz Richards as a Non-Executive Director with immediate effect.
Elizabeth Anne Richards (Liz), aged 58, was previously Group Finance Director of Callcredit Information Group, from 2000 to 2015. Callcredit is a consumer data business, which grew from a start-up in 2000 to a £150m turnover business with over 1,000 employees. Following its significant growth and success, the business was sold in 2014 for circa £500m.
Liz is a Chartered Accountant, having trained with EY, and currently is Non-executive Director and audit committee chair of LINK Scheme Ltd, the UK ATM network operator. Prior to Callcredit, Liz worked in a variety of finance roles.
Liz will transition to Chair the Tracsis audit committee following completion of our year-end accounts process. Liz will also sit as a member of both the remuneration and nomination committee. Within the last five years, Liz has been a director of the companies set out in the Appendix to this announcement.
Chris Cole, Non-Executive Chairman, commented:
"We are pleased to welcome Liz to the Tracsis Board and on behalf of everyone at Tracsis, welcome her to the wider Group.
"As our business has grown and diversified, we believe it is important to bolster the Board accordingly. With her experience in growing a data rich, fast growing technology business, Liz will provide valuable support to the Group that is relevant to Tracsis."
Appendix - previous directorships
Callcredit Consumer Limited
Callcredit Data Solutions Limited
Callcredit Information Group Limited
Callcredit Lead Generation Limited
Callcredit Marketing Limited
Callcredit Marketing Solutions Limited
Callcredit Public Sector Limited
Crown Acquisition Bidco Limited
Crown Acquisition Midco 2 Limited
Crown Acquisition Midco Limited
Data Factoring Limited
DMWSL 617 Limited
DMWSL 618 Limited
DMWSL 619 Limited
DMWSL 620 Limited
Latitude Digital Marketing Limited
Legatio Technologies Limited
Process Benchmarking Limited
Tenant ID Limited
The Comparisons Limited
For more information please contact:
John McArthur/Max Cawthra, Tracsis plc
Tel: 0845 125 9162
Dominic Emery/Matt Lewis, Investec Bank plc
Tel: 020 7597 4000
Rebecca Sanders-Hewett / Sarah Fabietti / Sam Modlin Redleaf Communications
Tel: 0207 382 4730
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