IN BRIEF: Trakm8 extends contract with Ingenie for further three years

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Trakm8 Holdings PLC - Birmingham-based telematics and data insight provider - Says its contract with insurance technology provider Ingenie Ltd has been extended for another three years.

Notes that the contract has been broadened for Trakm8 to provide additional self-fit telematic devices.

‘The contract with Ingenie has been in place for three years and it is pleasing to extend the scope and duration. We are pleased to continue our association with Ingenie as the market recovers from Covid,’ Executive Chair John Watkins commented.

Current stock price: 18.30 pence, down 6.2% on Friday

12-month change: up 22%

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