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REG - Transense Technlgy - Director/PDMR shareholding – acquisition of shares

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RNS Number : 6358P  Transense Technologies PLC  21 June 2022

 

 

Transense Technologies plc

("Transense" or the "Company")

 

Director/PDMR shareholding - acquisition of shares

 

Transense Technologies plc (AIM: TRT), the developer of specialist sensor
systems, has been notified that on 21 June 2022, Nigel Rogers, Executive
Chairman of the Company, purchased 15,000 ordinary shares in the Company at
58.74p per share. Accordingly, Nigel Rogers' total beneficial shareholding in
the Company has increased to 265,000 ordinary shares, which represents 1.62%
of the issued share capital.

Further details are provided in the forms below in accordance with the
requirements of the UK Market Abuse Regulation.

 

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

 

 Transense Technologies plc                         Via Walbrook PR

 Nigel Rogers (Executive Chairman)

 Melvyn Segal (CFO)
 Allenby Capital (Nominated Adviser and Broker)     Tel: +44 (0)20 3328 5656

 Jeremy Porter / George Payne (Corporate Finance)

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

 Tom Cooper/Nick Rome/Nicholas Johnson              Transense@walbrookpr.com

 

Notes to Editors:

Transense develops and supplies wireless sensor technology and systems. The
Company has three business areas:

·    SAW, patent protected Surface Acoustic Wave sensor technology that
provides real time measurement of torque, temperature, pressure and strain,
that is used to improve efficiency, performance and safety of propulsion
systems and machinery;

·    Translogik, smart, connected commercial vehicle tyre inspection
equipment, used by vehicle fleets to more easily gather and maintain accurate
tyre safety and condition data; and

·    iTrack, a tyre pressure monitoring system for off-highway machinery,
licensed exclusively to Bridgestone Corporation, the world's largest tyre
producer, under a ten-year deal.

Target market sectors include automotive, aerospace and industrial machinery.
The Group's strategy is to leverage excellence in innovation, know-how in
wireless sensor technologies and form industry partnerships in these global
growth sectors to maximise shareholder value through sustained revenue growth
from all three principal technologies - SAW, iTrack and Translogik.

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.

For further information please contact transense@walbrookpr.com
(mailto:transense@walbrookpr.com)

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nigel Rogers

 2    Reason for the notification

 a)   Position/status                                              Executive Chairman

 b)   Initial notification /Amendment                              Initial

 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 and volume                                             Price: 58.74 pence per share

                                                                   Volume: 15,000
 d)   Aggregated information

      - Aggregated volume                                          As above
      - Price

 e)   Date of the transaction                                      21 June 2022

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

 

 

 

 

 

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