(TFC.L) Trafficmaster PLC Buy/Sell

RNS Number : 6645C
  Trafficmaster PLC
  18 November 2009
   

18 November 2009 

Trafficmaster Plc

Interim Management Statement

Trafficmaster Plc, the leading supplier of intelligent driving services, today issues its Interim Management Statement covering the period from 1 July 2009 to 17 November 2009.

Trading update

The Board is pleased to report that the Group has made solid progress in the second half of the year, despite trading conditions remaining challenging. We are on track to deliver a similar level of operating profit in 2009 as we did in the previous year. 

Business Services

Trading in our US-based fleet tracking business Teletrac has continued in a similar pattern, with weakness in the smaller business sector being offset by significant progress in national accounts. Our sales pipeline remains strong, although a trend towards extended decision-making timetables and product trials prior to roll-out decreases the level of visibility over the timing of future revenues. Overall, we are pleased with the progress that we are making in the US and we remain optimistic about the long-term prospects for growth.

In the UK, Fleet Director continues to make good progress with a number of significant customer wins and industry recognition. In September, Fleet Director won Fleet Van's Technology Initiative of the Year award and Mobile Electronic News' Best Fleet Tracking Product award.

Overall, the combined UK and US Business Services revenues were up 20% year-on-year to the end of September. 

Consumer Services

There are tentative signs of recovery in the level of UK automotive sales. Despite these more positive indicators, trading conditions have continued to be difficult. We are managing our cost-base tightly, which has helped to contain the impact of revenue shortfalls. The Board is pleased to note that we expect the division to continue to be profitable. In the second half of the year our Traffic business has secured contract extensions for supply of traffic data to Honda and the UK Government's Department for Transport. 

Overall, Consumer Services revenues were down 25% year-on-year to the end of September.

Tony Eales, Chief Executive Officer, commented,

"  Trafficmaster continues to show resilience in the face of tough market conditions. On a positive note, we are encouraged that customers continue to recognise the strength of our products and services. They understand the impact they can have to help them reduce costs and improve efficiencies in their own businesses. We are continuing to invest in our sales resource and increase our activity levels. Our sales pipeline continues to grow, which gives us confidence over performance in 2010. In the short term, lengthened sales cycles have made the timing of revenue less certain.  

"Looking forward, we are upbeat about the prospects for the Group. Our industry remains fragmented, and we see a number of opportunities to create long term value through strategic acquisitions within our core markets."

-ends-

Date: 18 November 2009

For further information please contact:

Trafficmaster Plc                                           01234 759 300

Tony Eales, Chief Executive

Tim Coleman, Finance Director

City Profile                                                     020 7448 3244

Simon Courtenay

About Trafficmaster Plc

Trafficmaster is an expert in intelligent driving.  The Group comprises US-based Teletrac Inc. and Trafficmaster Plc in the UK. It operates through two divisions which provide intelligent vehicle services to enhance the driving experience and improve business performance by saving companies and drivers time and money and reducing their environmental impact.

Business Services provides fleet tracking and dynamic navigation capabilities to business users.

Consumer Services provides users with traffic and journey time data, stolen vehicle tracking and other telematics services.

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RNS Number : 5990C Trafficmaster PLC 16 November 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
Trafficmaster PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights
x

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the

notification obligation: iii
Schroders plc

4. Full name of shareholder(s)

(if different from 3.):iv

5. Date of the transaction and date on

which the threshold is crossed or reached: v
12.11.09

6. Date on which issuer notified:
13.11.09

7. Threshold(s) that is/are crossed or

reached: vi, vii
11%-12%

8. Notified details: A: Voting rights attached to shares viii, ix
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting % of voting rights x
of of of shares rights
Shares Voting
Rights
Direct Direct xi Indirect xii Direct Indirect
Ordinary 20,017,317 16,393,413 20,038,317 N/A 16,414,413 N/A 12.01%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period xiv rights that may be rights
acquired if the
instrument is
exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date xvii Exercise/ Number of voting rights instrument refers to % of voting rights xix, xx
instrument Conversion period xviii
Nominal Delta

Total (A+B+C)
Number of voting rights Percentage of voting rights
16,414,413 12.01%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Schroder Investment Management Limited 16,414,413 12.01%

Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:

13. Additional information: The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment
management agreements.
Taryn O'Donoghue

14. Contact name:

15. Contact telephone number:

This information is provided by RNS The company news service from the London Stock Exchange

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RNS Number : 9589Z Trafficmaster PLC 30 September 2009

30th September 2009

Trafficmaster plc

Total Voting Rights

In conformity with the Transparency Directive's transitional Provision 6 we would like to notify the market of the following:

Trafficmaster plc's capital consists of 136,672,394 ordinary shares of 5 pence each ("Ordinary Shares") with voting rights. No Ordinary Shares are held in treasury.

Therefore, the total number of voting rights in Trafficmaster plc is 136,672,394.

The above figure (136,672,394 Ordinary Shares) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Trafficmaster plc under the FSA's Disclosure and Transparency Rules.

This information is provided by RNS The company news service from the London Stock Exchange

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RNS Number : 5582Z Trafficmaster PLC 23 September 2009

1. Identity of the issuer or the underlying issuer Trafficmaster PLC
of existing shares to which voting rights are (the "Company)

attached: 2 Reason for the notification (yes/no):
An acquisition or disposal of voting rights Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already No

issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments No
An event changing the breakdown of voting rights No
Other (please specify): No
3. Full name of person(s) subject to the Howson Tatersall Investment Counsel Limited on behalf of itself and Mackenzie
notification obligation: Financial Corporation (which has an individual notification obligation)
4. Full name of shareholder(s) Howson Tatersall Investment Counsel Limited (3,973,346 voting rights)

(if different from 3.):
5. Date of the transaction (and date on June 16, 2009

which the threshold is crossed or reached if different):
6. Date on which issuer notified: September 18, 2009
7. Threshold(s) that is/are crossed or 3% (see box 9)

reached: 8. Notified details: A: Voting rights attached to shares
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting Percentage of voting rights
of of of shares rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect
GB0007215949 4,940,708 (see box 3,973,346 0.00 3,973,346 0.00 2.91%
9) (see box 9)

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting Percentage of voting rights
instrument date Conversion Period rights that may be
acquired if the
instrument is
exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date Exercise/ Number of voting rights instrument refers to Percentage of voting rights
instrument Conversion period
Nominal Delta

Total (A+B+C)
Number of voting rights Percentage of voting rights
3,973,346 2.91%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

2.91% of the voting rights are held by Howson Tatersall Investment Counsel Limited, as investment manager which has a disclosable interest as a result of DTR5.2.1R(h).

Mackenzie Financial Corporation is a 100% shareholder of Saxon Financial Inc. and has an indirect holding of 2.91% as a result of DTR 5.2.1R(e)

Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:

13. Additional information: 14. Contact name: 15. Contact telephone number:

This information is provided by RNS The company news service from the London Stock Exchange

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