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RNS Number : 7673R Tracsis PLC 24 August 2026 24 August 2026 Tracsis plc ( " Tracsis " or " the Group " ) Trading Update , Completion of Acquisition and Notice of Results FY26 performance in line with expectations ; acquisition of Mistral Data completed Tracsis ( LSE : TRCS ) , a leading transport technology provider , is pleased to provide a trading update for the year ended 31 July 2026 and confirm completion of its acquisition of Mistral Data Limited ( " Mistral Data " ) . FY26 financial performance in line with market expectations 1 Group revenue is expected to be c . £ 85.5m ( 2025 : £ 81.9m ) , with adjusted EBITDA * expected to be c . £ 13.5m ( 2025 : £ 12.6m ) . In both cases , this includes the full - year contribution from the Events business that was sold on 31 July 2026 , as previously announced . Year - end cash stood at £ 19.4m ( 2025 : £ 23.4m ) . This excludes the cash proceeds from the sale of the Events business , that were received on 3 August 2026 . Completion of the acquisition of Mistral Data On 29 July 2026 the Group announced the proposed acquisition of Mistral Data , subject to receipt of clearance from the UK Competition and Markets Authority and certain other customary conditions . These conditions have now been satisfied and the Group is pleased to announce the completion of the acquisition . The £ 48m consideration has been satisfied from the Group's existing cash resources and drawings of £ 38.7m from its £ 40m revolving credit facility . The Group's pro forma net debt to EBITDA 2 on completion is expected to be c.1.5x . Investor presentation : Tracsis and Mistral Data : A stronger platform for growth David Frost , CEO , and Andy Kelly , CFO , will host a virtual investor presentation on Wednesday 16 September at 11:00 am BST , providing an overview of the Mistral Data acquisition and what this means for the enlarged group , followed by Q & A . The presentation will cover what Mistral Data does , how its products complement Tracsis's existing capabilities , the development of the business , the opportunity in the UK rail software market , and how the acquisition supports and accelerates Tracsis's growth transformation strategy . Investors can register to attend here : https://engageinvestor.news/TRCS_IP_0926 David Frost , Chief Executive Officer of Tracsis , commented :