REG - Transense Technlgy - Director/PDMR - Acquisition of Shares

Transense TechnologiesAnnouncement

01/05/2024 07:15

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RNS Number : 7058M  Transense Technologies PLC  01 May 2024

1 May 2024

 

Transense Technologies plc

 ("Transense" or the "Company")

Director/PDMR shareholdings - acquisition of shares

Transense Technologies plc, the provider of specialist sensor technology and
measurement systems, has been notified that on 30 April 2024, Nigel Rogers
(Executive Chairman), Melvyn Segal (Chief Financial Officer), Ryan Maughan
(Managing Director) and Stephen Parker (Non-Executive Director) purchased in
aggregate 41,858 ordinary shares of 10 pence each in the Company ("Ordinary
Shares") at an average price of 100.63 pence per Ordinary Share.

 

Further details are provided in the forms at the end of this announcement in
accordance with the requirements of the UK Market Abuse Regulation and
summarised in the table below:

 

 Name of Director  No. of Ordinary Shares purchased  Total no. of Ordinary Shares now held  Percentage of voting rights now held
 Nigel Rogers      8,500                             280,000                                1.84%
 Melvyn Segal      4,890                             68,768                                 0.45%
 Ryan Maughan      23,547                            55,354                                 0.36%
 Steve Parker      4,921                             17,172                                 0.11%

 

 

 

For further information please visit www.transense.com or contact:

 Transense Technologies plc                                   Via Walbrook PR

 Nigel Rogers (Executive Chairman)

 Melvyn Segal (Chief Financial Officer)

 Ryan Maughan (Managing Director)
 Allenby Capital (Nominated Adviser and Broker)               Tel: +44 (0)20 3328 5656

 Jeremy Porter/George Payne (Corporate Finance)

 Stefano Aquilino/Tony Quirke (Sales and Corporate Broking)
 Walbrook PR                                                  Tel: +44 (0)20 7933 8780

 Tom Cooper/Nick Rome/Joesph Walker                           Transense@walbrookpr.com

 

Notes to Editors:

Transense is a developer of specialist sensor technology and measurement
systems.  The Company has two active business divisions:

 

·     Translogik a range of smart, connected tyre inspection and
management equipment, used by leading tyre manufacturers, dealers and fleet
operators to reduce costs and improve safety; and

 

·     SAWsense, developing Surface Acoustic Wave (SAW) sensor technology,
to improve performance, reliability and efficiency in focus markets of
aerospace, automotive, robotics and industrial machinery.

 

In addition, the Company earns residual royalty income from Bridgestone iTrack
(new branding name for iTrack), a tyre condition and performance monitoring
system, that was developed by Translogik and subsequently licensed to
Bridgestone Corporation for a ten year period in 2020, expiring in 2030.

 

The Group's strategy is to maximise shareholder value through the delivery of
sustained revenue growth from its business divisions by leveraging excellence
in innovation and know-how to commercialise technologies through industry
partnerships and exposure to global growth markets.

 

Transense is headquartered in Oxfordshire, UK, and was admitted to trading on
AIM, a market operated by the London Stock Exchange (AIM: TRT), in 1999.
www.transense.com

 

For further information please contact transense@walbrookpr.com.

 1    Details of the person discharging managerial responsibilities / person closely
      associated (PCA)
 a)   Name

                                                                   PDMRs:

Nigel Rogers    Executive Chairman
                                                                   Melvyn Segal    Chief Financial Officer
                                                                   Ryan Maughan    Managing Director
                                                                   Stephen Parker  Non-Executive Director

 

                                                                   PCAs:

Julie Rogers    PCA of Nigel Rogers
                                                                   Jennie Maughan  PCA of Ryan Maughan

 
 2    Reason for the notification
 a)   Position/status                                              See 1a) above
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Transense Technologies plc
 b)   LEI                                                          2138005N52J6KKQ3EY67
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each

      Identification code                                          GB00BDHDTH21
 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)

Name            Volumes  Price (pence)
                                                                   Ryan Maughan    3,563    98
                                                                   Jennie Maughan  9,992    100
                                                                   Ryan Maughan    9,992    100
                                                                   Steve Parker    4,921    101.5
                                                                   Julie Rogers    5,950    101.9
                                                                   Nigel Rogers    2,550    101.9
                                                                   Melvyn Segal    4,890    102

 

 d)   Aggregated information                                       As above

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      30 April 2024
 f)   Place of the transaction                                     London Stock Exchange, AIM

 

PCAs:

 Julie Rogers    PCA of Nigel Rogers
 Jennie Maughan  PCA of Ryan Maughan

 

2

Reason for the notification

a)

Position/status

See 1a) above

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a)

Name

Transense Technologies plc

b)

LEI

2138005N52J6KKQ3EY67

4

 

Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 10 pence each

GB00BDHDTH21

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 

 

 Name            Volumes  Price (pence)
 Ryan Maughan    3,563    98
 Jennie Maughan  9,992    100
 Ryan Maughan    9,992    100
 Steve Parker    4,921    101.5
 Julie Rogers    5,950    101.9
 Nigel Rogers    2,550    101.9
 Melvyn Segal    4,890    102

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

30 April 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

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