Journeo PLC Holding(s) in Company (2747Z)

TIDMJNEO

RNS Number : 2747Z

Journeo PLC

10 January 2024

Journeo plc

("Journeo", the "Company" or the "Group")

Holding(s) in Company

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities, has today been notified that as of 9 January 2024, Slater Investments Limited held 981,750 ordinary shares of 6.5p each in the Company representing approximately 5.96 per cent. of its issued share capital.

A digital copy of this announcement will be available on the Group's website: www.journeo.com .

For further information, please contact:

 
Journeo plc                                     +44 (0) 203 651 
 Russ Singleton/ Nick Lowe                       9166 
Cavendish Capital Markets Limited - Nominated 
 Adviser and Broker                             +44 (0) 207 220 
 Katy Birkin/ Callum Davidson                    0500

Notes to editors:

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports, and the public transport networks that connect them. The Company works extensively with local and combined authorities, Network Rail and many of the largest multinational transport operators, supporting them as systems converge towards a more efficient and sustainable future.

The business has five operating companies:

-- Journeo Fleet Systems: CCTV video surveillance to improve passenger & driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting.

-- Journeo Passenger Systems: design, manufacture, installation, and management of hardware and software for electronic public transport information systems, in and around towns, cities, ferry terminals and airports which includes smart-ticketing and wayfinding.

-- Infotec: design, advanced manufacture, installation and software management of information displays hardware for rail applications in stations, on-platform and on-vehicle.

-- MultiQ (based in Aarhus, Denmark): full-service provider of Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and Iceland.

-- 21st Century AB (based in Stockholm, Sweden): technical services provider to public transport customers in Sweden.

In the last 4 years, the Company has invested over GBP5 million in research and development, enabling it to design and supply powerful innovative solutions for customers' complex requirements and the demands of modern public transport. With an Internet of Things ("IoT") approach and open standards, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.

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(END) Dow Jones Newswires

January 10, 2024 06:46 ET (11:46 GMT)

Journeo (LSE:JNEO)
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