Trakm8 Holdings PLC shares jumped on Tuesday, after it announced a new contract win and extension with Iceland Foods Ltd.
Shares in the Dorset, England-based global telematics and data insight provider were up 13% to 8.50 pence each in London on Tuesday morning.
It said it has won a new contract and sealed a contract extension with Iceland, a supermarket chain headquartered in Deeside, Wales.
Under the new contract, Trakm8 will develop a Phase 2 additional feature set for the Iceland Scheduler home delivery solution.
In addition, Iceland and Trakm8 have extended the current contract to March 31, 2028.
Trakm8’s Executive Chair John Watkins commented: ‘We are delighted to extend the scope and duration of the solutions we provide to Iceland Foods having been working closely together for over 10 years.’
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