×

Hunters, one of the largest national sales and lettings estate agency businesses, is pleased to announce that dealings in its shares on AIM will commence today at 60 pence per share. Numis Securities is Nominated Adviser and Broker to the Company.

The Group has traded under the Hunters brand since inception in 1992 and as at 31 May 2015, had 151 branches of which 140 were franchised branches, with the remaining 11 branches being owned by the Group.   

 

Admission details:

Share price on admission	60p
Number of ordinary shares	28,149,919
Market capitalisation on admission	£16.9m

 

Commenting on the Company's admission, Kevin Hollinrake, Chairman said:

"Today marks an exciting moment for Hunters as it seeks to capitalise on its recent success to become the UK's leading estate agency brand. By joining AIM we open up a new route to capital to support our ambitions and enhance our offering to existing and new franchisees. I would like to thank everybody who has been part of Hunters' success story to date."

 

Ends

For further information, please contact:

Hunters Group                                                  Harry Hill, Chief Executive Glynis Frew, Managing Director Ed Jones, Chief Financial Officer	01904 756 197
Numis Securities                                             Stuart Skinner, Paul Gillam (Nomad) David Poutney (Corporate Broker)	020 7260 1000
Smithfield Consultants                                 Alex Simmons Charles Goodwin	0207 360 4900

Notes to Editors:

 

Overview of Hunters Group

• Having started in 1992 with just one wholly-owned branch, the Group first grew organically, by opening owned branches, and consisted of 10 branches by the end of 2005.  From 2006, when the Group first began expanding via franchising, the Group has grown to 151 branches as at 31 May 2015. 

• The Directors believe that the Group's expertise in both sales and lettings makes its business model more robust than that of pure sales or lettings focused competitors. 

• Whilst the lettings business provides the Group with a recurring revenue stream, the sales business provides exposure to higher gross margin sales commissions.  The combination of the two income streams reduces cyclicality in the revenues of both the Franchisees and the Group, providing a more stable business. 

The growth strategy

• The Group's growth strategy is to continue to increase its market share in the UK estate agency market by growing its network of franchised branches, and to continue to develop and refine its proposition to Franchisees. 

• Its objective is to become the largest estate agency brand in the UK market in 3 years. 

• To achieve these objectives, the Group expects to grow both organically and by acquisition, which includes:

o  Acquisitions of small estate agency franchise chains, of 5-20 branches focused in reasonably small geographic areas, in which they have built a local reputation, which will be integrated into the Hunters network.  The Group's strategy is to target those chains focused on areas of the UK in which its presence is less established.

o  Significant strategic acquisitions of competitors – the Directors intend to look to acquire one medium to large estate agency franchise, of ideally 20 to 200 franchisees in each of the first two years following Admission and every 2 or 3 years thereafter. 

• The Group's in-house franchise sales team targets the conversion of existing independent estate agencies and small wholly-owned estate agency networks into new Hunters Franchisees.  The Group's target is to add at least 20 new branches (either independent estate agencies or small independent estate agency networks) to the franchise network each year. 

Proven franchise business model

• Since 2006, the Group's strategy has been to grow a predominantly franchise network.  From Hunters' perspective, expansion via growth of its franchise network requires minimal start-up capital; in most cases, the start-up costs of a new branch are borne by the Franchisee.  This reduces the capital risk of expansion to Hunters, allows the business to grow quickly without committing significant capital, and minimises the size of the management team needed to oversee a large national network of estate agency branches. 

• The vast majority of revenue that the Group receives from Franchisees is generated via the Management Services Fee. Most are calculated at a standard 8 per cent.  of the Franchisee's revenue, charged on a monthly basis.  Franchisees also contribute 2 per cent.  of their monthly revenue to the central marketing fund. 

• The Directors believe that the franchise model provides a competitive advantage compared to own branch competitors as it is more scalable and requires lower capital investment. 

• The franchise model allows individual Franchisees to benefit from brand recognition, centralised support services and economies of scale as if they were an owned branch of a much larger agency.  These include purchasing economies of scale which the Group achieves, in particular centrally negotiated rates for portals such as Rightmove and Zoopla.

• Franchisees benefit from the marketing and national advertising resource provided by the Group and the central marketing fund.

The property market

• The UK is predominantly a country of home-ownership.  Since the second half of 2012, there has been an increased volume of residential property transactions indicating returning consumer confidence and the impact of Government initiatives such as Help-to-Buy. 

• The growth of the private rented sector has been a defining feature of the housing market since the early 2000s.  From housing 10 per cent. of households in 2000, it has grown to house 19 per cent. of households according to the latest English Housing Survey (published by the Department for Communities and Local Government).  The rental market has also played an important role in absorbing much of the pressure on the supply-constrained housing market. 

• The Directors believe that the strengthening UK economic recovery and the lack of affordable housing will continue to underpin demand for rental property.

Competitor landscape

• The UK estate agency market is highly fragmented.  The Directors estimate that there are approximately 25,000 estate agent branches in the UK, of which around 11,500 undertake lettings activities.  The Directors estimate there are over 8,000 brands operating within the UK.

• Online estate agents have challenged the traditional estate agency model but the movement in market share to online has been minimal to date and the Directors believe that online is unlikely to gain significant traction as currently offered in the foreseeable future.

 

Advisers to the Admission process

Numis Securities Limited	Nominated Adviser and Broker
Spearing Waite LLP	Solicitors to the Company
Squire Patton Boggs (UK) LLP	Solicitors to Numis Securities Limited
Mazars LLP	Reporting Accountants and Auditors
Neville Registrars Limited	Registrar
Garbutt & Elliott LLP	Auditing and Tax services to the Company
Smithfield Consultants	Public Relations advisers

Close

×

Croma Group is pleased to announce the delivery of an integrated security solution to a major industrial client in the Kingdom of Saudi Arabia.

The solution involves CCTV, intruder alarms, locks, as well as access control based around the Group's Fastvein product. The contract value was in excess of £100,000.

Commenting on this contract win, Sebastian Morley, Chairman of CSSG, said:  

"This exciting and large new contract marks a significant step in the Group's expansion into overseas markets. Fastvein provides the simplest, most accurate and fastest biometric access control, time and attendance and identification management system across the security spectrum. This new contract win, along with the wins announced earlier this month, continue to validate the Group's ability to deliver integrated security solutions at home and overseas as well as the considerable benefits of Fastvein."

Ends

Enquiries:

Croma Security Solutions Group Plc                                                                    07768 006 909

Sebastian Morley (Chairman)

 

WH Ireland                                                                                                            0207 220 1666

(Nominated Adviser and broker)

Paul Shackleton

Mark Leonard

Close

×

Imaginatik plc (AIM: IMTK.L), the world's first full service innovation provider offering a range of technology products and consultancy services, is pleased to announce that it has signed a consultancy contract  with a US based energy generation and distribution company, building on the three year technology contract that was closed in March 2015.

Under the terms of the contract, which is worth an additional c.$250,000 over the next three months, Imaginatik will provide its innovation consulting expertise in order to support the client in co-developing the  framework for its future  innovation programme.

Matt Cooper, Non-Executive Chairman, commented: "I am delighted to announce that we are able to further increase our footprint within this important client, further demonstrating the value in our combined consulting and technology offerings and the added value that we can deliver to our clients."

For further information please contact:

Imaginatik plc	01329 243243
Matt Cooper – Executive Chairman
Ralph Welborn – CEO
Shawn Taylor – CFO
finnCap Ltd	0207 220 0500
Stuart Andrews
Daniel Stewart & Company	0207 776 6550
Martin Lampshire
David Coffman
Newgate	020 7653 9850
Adam Lloyd
Ed Treadwell
Andre Hamlyn

 

About Imaginatik

Imaginatik® is the world's first full-service innovation provider. We have 16 years of experience building innovation into a sustainable competence at some of the world's largest and most respected companies. Through a mix of consulting and advisory, hands-on innovation projects and program management, and our award-winning enterprise software platform, we help clients develop innovation capability into a permanent competitive advantage. Imaginatik is the trusted partner of leading organisations including Blue Cross Blue Shield, CSC, Cargill, The World Bank, Mayo Clinic, The Chubb Group of Insurance Companies, HCA, Dow Chemical and Goodyear.

Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE:IMTK.L) and is a World Economic Forum Technology Pioneer with offices in Boston, MA, and Fareham, UK. For more information visit www.imaginatik.com.

Close

×

The Mission Marketing Group plc ('the mission™', "the Company", AIM: TMMG), the marketing communications and advertising group, has today announced the launch of Mongoose, a specialist sports and entertainment agency.

Focused on brand-led marketing and sponsorship campaigns, Mongoose will source, negotiate and manage customised sponsorship and events programmes for B2B and B2C Clients. Every Mongoose campaign will seek to deliver sponsorship focused data and insight to drive measurable business growth for Clients.

The new Agency will be led by Chris O'Donoghue, previously managing director of WSM Communications. John Beddington, former Tournament Director and Chairman of the Canadian Open Tennis Championships as well as founder of the Masters Tennis at the Royal Albert Hall, will become Chairman.

"A Mongoose is nimble, agile, and tenacious, the perfect characteristics to describe our new Agency and vision", commented Chris O'Donoghue, Chief Executive, Mongoose. "In short, the Mongoose philosophy is to out think, out wit and out play the competition and we look forward to performing in this way for our valued Clients in the years to come."

Based in London and Singapore, Mongoose will be working with an impressive line-up of major national and international brands including title sponsor of The London Triathlon, AJ Bell; Chestertons Polo in the Park; The O2 sponsor CEWE Photobook; and Thomson Reuters which is a partner of the LTA.

David Morgan, Group Chairman of the the mission™, commented: "Chris and his team bring a great deal of expertise and high-end consultancy to the task of matchmaking brands with sponsorship properties. This is a new string to the mission™'s bow, and we are optimistic about the prospects for Mongoose as a part of our Group."  

To hear more from Chris O'Donoghue and watch the Mongoose launch video, please click on this link: http://brrmedia.co.uk/event/139212?popup=true 

Enquiries   David Morgan, Chairman   Peter Fitzwilliam, Finance Director   The Mission Marketing Group plc	020 7462 1415
Geoff Nash/James Thompson (Corporate Finance) Stephen Norcross (Corporate Broking)
finnCap Limited	020 7220 0500

the mission™ is a network of entrepreneurial marketing communications Agencies employing over 850 people in the UK, Asia and San Francisco. The Group comprises a complementary mix of integrated generalists, specialists in specific marketing/communications activities and specialists in particular market sectors, all providing award-winning solutions to national and international Clients.  www.themission.co.uk

 

Close

×

fastjet, Africa's low-cost airline, is pleased to announce it has been granted a Foreign Operators Permit from the Malawian authorities to commence flights between Dar es Salaam in Tanzania and Lilongwe, capital of Malawi. The new route will be put on sale from today and operations commence  in July.

Initially operating twice weekly on Mondays and Fridays, fastjet is confident that, in line with its other routes, it will grow in frequency quickly.

fastjet's lowest fare will be $50 plus government taxes.

The new route is fastjet's sixth international destination in Africa.

Commenting on the launch, fastjet CEO Ed Winter said: "Whilst we are directing much of our efforts to prepare for the planned launch of the fastjet Zimbabwe and fastjet Zambia airlines, we continue to work hard on growing our Tanzanian network. This significant step links two thriving commercial centres and provides the population of both countries with an affordable and reliable air services. Our lowest international fare of $50, available to early bookers, is expected to l ensure strong demand.

The recent growth of Tanzanian domestic operations and this new route will increase our aircraft utilisation and further support the business case for an additional aircraft in the Tanzanian fleet."

For more information, contact:

UK media – Citigate Dewe Rogerson	Tel: +44 (0) 20 7638 9571
Angharad Couch
Toby Moore
Nick Hayns
South African media – Tribeca Public Relations	Tel: +27 (0) 11 208 5500
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:
W.H. Ireland Ltd.- Nominated Adviser and Joint Broker	Tel: +44 (0) 20 7220 1666
James Joyce
Mark Leonard
Liberum Capital Limited – Joint Broker	Tel: +44 (0) 20 3100 2222
Clayton Bush
Christopher Britton

NOTES TO EDITORS

About fastjet Plc

fastjet Plc is the holding company of the low cost airline fastjet which commenced flights under the fastjet brand in Tanzania in November 2012. The airline introduced Airbus A319s into its fleet. By adhering to international standards of safety, quality, security and reliability; fastjet has brought a new flying experience to the African market at unprecedented low prices. fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline. fastjet Plc is also the holding company of Fly540 Angola where operations are currently suspended.

The results of a customer satisfaction survey showed that 100% of customers were likely to recommend fastjet to a friend. In developing its strong brand and identity, fastjet has won and been nominated for a number of awards, including winning three Transform awards for the rebrand and launch of fastjet and the award for "Brand Strategy of the Year" at 2014's Drum Marketing Awards in London.

fastjet Plc is quoted on the London Stock Exchange's AIM Market.

For more information see www.fastjet.com

 

Close

×

Neville Registrars are delighted to welcome Vela Technologies Plc as the newest addition to its list of client companies.

Vela Technologies are a UK incorporated investment company, based in London, acquiring and consolidating holdings in Small and Medium sized Enterprises (SME’s), which are active in the development of emergent technologies or hi-tech engineering solutions.

Further information can be found on the Company's website: http://www.velatechplc.com/

Close

×

SpaceandPeople (AIM:SAL), the retail, promotional and brand experience specialist is pleased to announce that it has been selected by Network Rail as preferred bidder for their Concourse Exhibitions, Events and Distributions Contract.

SpaceandPeople and Network Rail will, after the standstill period of ten days required by regulation 33 of the Utilities Contracts Regulations 2006, aim to agree a five year contract commencing 1 October 2015.

The potential value of the contract to SpaceandPeople is expected to be significant over the five year term.

Further details will be provided should a binding, formal commercial agreement be entered into by Network Rail and SpaceandPeople.

– Ends –

For further information, contact:

SpaceandPeople Plc	0845 241 8215
Matthew Bending, Gregor Dunlay
Cantor Fitzgerald Europe	020 7894 7000
David Foreman, Will Goode (Corporate Finance)
David Banks, Tessa Sillars (Corporate Broking)

About SpaceandPeople plc:

SpaceandPeople facilitates and manages promotional space for marketing campaigns and retailing in shopping centres and other high footfall locations, such as theme parks and railway stations. SpaceandPeople is at the forefront of developing the concept of space as an advertising and promotional medium. It offers consumer brands the opportunity to promote their products through direct engagement with consumers through a mix of experiential marketing events and complementary above the line advertising and multimedia campaigns. SpaceandPeople offers a comprehensive service covering brokerage, consultancy and venue centric media buying. SpaceandPeople is independently funded and its shares are admitted to trading on AIM. The Company acquired Retail Profile, the RMU specialist, in May 2010 and operates in the UK, Germany, India and Russia.

www.spaceandpeople.com

Close

×

The Company is pleased to announce that the metallurgical test programme, announced on 14 April 2015, on the Wash Plant Tailings ("WPT") and Leach Plant Residue Tailings ("LPR") using an acid/brine leaching process to recover lead and zinc has been successful.

The objective of the metallurgical test programme was to confirm the technical viability of the acid/brine leach process for the extraction of lead and zinc from the WPT and LPR.  The metallurgical testing was conducted by Kupfermelt CC at their laboratory in South Africa, under review by Dr Geoff Casson, General Manager of the Company's Zambian subsidiary, Enviro Processing Ltd.

The results demonstrated high metal recoveries from both the WPT and LPR of circa 80% Pb, 70% Zn, and 80% Pb, 50% Zn, respectively, into a pregnant liquor solution from which both lead and zinc could be extracted by precipitation and also zinc alone by electro winning.   

Liquid residue discharges from the process were non-toxic.

As a result, the Company is able to establish the mass, pulp and water parameters required for the construction of the planned pilot plant at Kabwe. It is therefore now focussing on the design and construction of the pilot plant and intends to source the majority of requisite equipment in-country.

Process for ZEMA Application

The Company has contracted JA Consultancy, based in Lusaka, Zambia, an Environmental Specialist organisation, to prepare, present and assist in securing approval for a further Environmental and Social Impact Assessment (ESIA) from ZEMA (Zambia Environmental Management Agency).

JA Consultancy is led by Dr Jewette Masinja who obtained an MSc in Minerals Engineering at Birmingham University and a PhD in Mineral Processing at the University of Queensland, Australia.

Dr Masinja has in-depth knowledge of environmental management in the mining industry. On behalf of the Zambian Government in 1997 and 1998, he developed the national mining environmental legislation which is currently in force in Zambia, specifically the Mines and Minerals (Environmental) Regulations Statutory Instrument No 29 of 1997 and the Environmental Protection Fund Regulations, Statutory Instrument No 102 of 1998.

BMR believes that Dr Masinja and his team are particularly well qualified to secure ZEMA's approval for the planned pilot plant within the requisite time frame, having undertaken similar projects with a track record of successfully securing approvals from ZEMA.

JA Consultancy has already started its assignment, and the process of community consultation in Kabwe as required by the Terms of Reference, for presentation to ZEMA.

Appointment of a Process Engineer

BMR is pleased to announce that the Company has engaged the services of Edward Musonda, an experienced metallurgist, to work under the direction of Dr Geoff Casson on the process design of the Kabwe Pilot Plant.

Mr Musonda holds a Bachelor of Mineral Sciences (B.Min.Sc) Degree in Metallurgy and Mineral Processing from the University of Zambia and has over 20 years' experience in mineral processing of gold and base metals with Anglo America, Gold Fields, Bateman Engineering Projects and ZCCM Investments Holdings ("ZCCM"). He worked for ZCCM in R&D at the Anglo American Research Laboratory, involving gold and base metal pilot plant testing; and, for Gold Fields, on refractory gold ores bio-oxidation R&D as a Project Engineer, designing gold processing plants.  In addition, he has led metallurgical teams, undertaken feasibility studies and managed projects from construction through to production.

Alex Borrelli, Chairman, commented: "We are pleased to announce the results of the metallurgical test programme as a prelude to the establishment of a pilot processing plant, which confirm acid/brine leaching as the appropriate method for extracting a viable precipitate from our valuable resources at Kabwe."

Ends

For further information:

BMR Mining PLC                                                                                                020 7408 7580

Alex Borrelli, CEO and Chairman

WH Ireland Limited                                                                                             020 7220 1666

Chris Fielding, Head of Corporate Finance

Close

×

Northern Petroleum, the AIM quoted oil company focusing on production led growth, announces that the environmental impact assessments ("EIA") for the Company's three remaining exploration permit applications in the southern Adriatic have been approved. These approvals are in addition to the two EIA approvals for exploration permit applications announced by the Company on 10 June 2015. The EIA approvals have been received from the Ministries of the Environment and National Heritage and the final requirement for these applications to become exploration permits is decree by the Ministry of Economic Development.

The EIA approvals across all five exploration permit applications cover the initial work programmes on the permits, which include regional geological studies and the acquisition of up to 1,450 line kms of 2D seismic data.

Keith Bush, Chief Executive Officer, commented:

"With all the southern Adriatic EIAs approved the Company can now work with the Italian authorities to finalise the award of the permits. Once received, a full 2D seismic programme will be designed to evaluate the potential of the Company's 4,500 sq km of contiguous permits and develop further opportunities similar to the Giove discovery and Cygnus exploration prospect."

-Ends-

For further information please contact:

Northern Petroleum Plc                                                                        Tel: +44 (0)20 7469 2900

Keith Bush, Chief Executive Officer

Nick Morgan, Finance Director

 

Westhouse Securities Limited (Nomad and Joint Broker)                    Tel: +44 (0)20 7601 6100

Alastair Stratton

Robert Finlay

 

FirstEnergy Capital LLP (Joint Broker)                                                 Tel: +44 (0)20 7448 0200

Jonathan Wright

 

Note to Editors:

Northern Petroleum is an oil and gas company focused on production led growth. The Company is undertaking a redevelopment and production project in north west Alberta and has a broader portfolio of exploration and appraisal opportunities in countries of relatively low political risk, primarily Italy. Comprehensive information on Northern Petroleum and its oil and gas operations, including press releases, annual reports and interim reports are available from Northern Petroleum's website: www.northernpetroleum.com

Close

×

Trakm8, the AIM-listedtelematics and data provider to the global market place,is pleased to announce it has acquired the business and assets of DCS Systems Ltd ("DCS") for a cash consideration of £3.3 million (the "Acquisition").

Acquisition

DCS specialises in the design and distribution of camera systems for the motor vehicle, bicycle and security markets. DCS trades under three main brands: RoadHawk, Dogcam and Lawmate.

The Acquisition is in line with Trakm8's strategy of augmenting its organic growth with selective acquisitions that expand its telematics offering to both insurance and fleet customers. Cameras are being increasingly used in a wide range of applications, including a significant demand for forward facing vehicle cameras to record driving incidents and to mitigate the risk from 'crash for cash' accidents. Trakm8 has an existing relationship with DCS, supplying some Trakm8 customers with its RoadHawk cameras.

DCS's last unaudited accounts for its financial year ending 30 April 2015 reported revenues of £2.8 million and profit before tax of £0.6 million. Trakm8 funded the Acquisition from its existing cash and bank facilities. Trakm8 has also obtained a further debt facility from HSBC Bank of an additional £2 million taking the total debt facility to £5.7 million, of which £3.7 million is now drawn down following the Acquisition.  DCS will continue to be based in Bodmin, Cornwall and has six staff.

The Acquisition is expected to be immediately earnings enhancing.

 

Directorate change

Reflecting the strong growth of the Group, Trakm8 is also pleased to announce a strengthening of the Board of Directors with three new appointments. These are expected to enhance its corporate governance and ensure it has the management team to implement its growth plans and integrate acquisitions successfully.

Bill Duffy is joining the Board as an additional independent Non-Executive Director. Bill has considerable commercial experience having been CEO of Andrew Page, Halfords Autocentres and a number of other leading automotive aftermarket companies.  He has also been a consultant to the Board over the past 12 months.

In addition Trakm8 is appointing two executives to be Directors of the Group: Sean Morris, as Group Engineering Director and Mark Watkins as Group Operations Director. Sean joined the Group six months ago following senior engineering positions at Continental UK, RAC and Aston Martin. Mark joined the Group 15 months ago as the Managing Director of BOX Telematics following a successful career in IT and operations at Continental UK and Ford Motor Co.

 

John Watkins, Executive Chairman of Trakm8 comments: 

"The acquisition of DCS marks another significant milestone in Trakm8's growth strategy and reflects the growing demand from our fleet and insurance customers for camera applications. We plan to deepen the integration of the camera technology into our telematics solutions for both our fleet and insurance clients.

 "Video data is increasingly used to monitor behaviour and to replay outcomes. The increase in the richness of the data generated by our telematics solutions will continue the trend of the increasing value for money in our propositions."

The following information regarding William Kenneth Duffy's (aged 56) appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Other directorships held:

Current:	Within the last five years:
Econnect Cars Limited Pangburn Consultants Limited	Andrew Page Limited Camberley Auto Factors Limited Halfords Autocentres Limited Halfords Autocentres Acquisitions Limited Halfords Autocentres Developments Limited Halfords Autocentres Funding Limited Halfords Autocentres Holdings Limited NW Autocentres Limited Oldco 1 Limited Parts Direct Limited Stop n'Steer Limited

Mr Duffy owns 20,000 Ordinary Shares in the capital of Trakm8.

The following information regarding Sean Anthony Morris' (aged 50) appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Other directorships held:

Current:	Within the last five years:
n/a	n/a

Mr Morris does not own any Ordinary Shares in the capital of Trakm8.

The following information regarding Mark Richard Watkins' (aged 34) appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:

Other directorships held:

Current:	Within the last five years:
Box Telematics Ltd	Watnets

Mr Watkins owns 250,128 Ordinary Shares in the capital of Trakm8.

There are no further disclosures to be made under Schedule 2g of the AIM Rules for Companies.

 

-Ends-

 

For further information please contact:

Trakm8 Holdings plc	01747 858444
John Watkins, Executive Chairman
James Hedges, Finance Director
MHP Communications	020 3128 8100
Reg Hoare / Jade Neal
finnCap	020 7220 0500
Ed Frisby / Christopher Raggett – corporate finance Joanna Weaving – corporate broking

About Trakm8

Trakm8, the M2M telematics company using Big Data analytics to improve driver behaviour is a leading technology designer, developer and manufacturer of telematics products and solutions.

The Group, based in Shaftesbury, Dorset, distributes its hardware and software through a network of distributors worldwide. In addition the Group provides vehicle monitoring and tracking services direct to the B2B market. Trakm8's IP owned products and services allow vehicles and drivers to be monitored, allowing organisations to manage deliveries and services, or track stolen vehicles down to five metres.

Recently Trakm8 have developed the T10 product range, which includes a self-install telematics device. The Group's services also include driver behaviour management solutions that can reduce fuel consumption by 10% or more, reduce risk of accidents, logistics routing & scheduling packages, and tachograph data reporting. The Group's customers include Direct Line Group, Eon, the AA, Fujitsu and Kubota.

Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005.

Close