REG - Transense Technlgy - Director/PDMR Shareholding

Transense TechnologiesAnnouncement

19/12/2022 18:30

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RNS Number : 2354K  Transense Technologies PLC  19 December 2022

19 December 2022

 

Transense Technologies plc

 

("Transense" or the "Company")

 

Director/PDMR shareholding

 

Transense Technologies plc (AIM: TRT), the developer of specialist sensor
systems, has been notified that Nigel Rogers, Executive Chairman of the
Company, between 16 and 19 December 2022 undertook a sale and repurchase of
10,000 ordinary shares of 10 pence each in the capital of the Company
("Ordinary Shares") to migrate part of his current shareholding into his own
ISA. Accordingly, Nigel Rogers' total beneficial shareholding in the Company
remains unchanged at 250,000 Ordinary shares, which represents 1.58% 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                             Transense@walbrookpr.com
 Notes to Editors:

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

 Transense is a developer of specialist wireless sensor systems used to
 enable real-time data gathering and monitoring.  Products include the
 patent protected Surface Acoustic Wave (SAW) sensor technology, used to
 improve equipment power, performance, reliability and efficiency; iTrack,
 Transense 's Tyre Pressure Monitoring System, licensed to Bridgestone
 Corporation, the world's largest tyre producer, under a ten-year deal in June
 2020; and a range of intelligent tyre monitoring equipment under the
 Translogik brand. Target sectors include aerospace, electric motors &
 drives, industrial machinery and performance automotive.

 The Company 's strategy is to maximise shareholder value through the
 delivery of sustained revenue growth from all three principal technologies -
 SAW, iTrack and Translogik probes - through leveraging excellence in
 innovation, know-how in commercialising technologies, 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 (http://www.transense.com/)  .

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

Notes to Editors:

 

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

Transense is a developer of specialist wireless sensor systems used to
enable real-time data gathering and monitoring.  Products include the
patent protected Surface Acoustic Wave (SAW) sensor technology, used to
improve equipment power, performance, reliability and efficiency; iTrack,
Transense 's Tyre Pressure Monitoring System, licensed to Bridgestone
Corporation, the world's largest tyre producer, under a ten-year deal in June
2020; and a range of intelligent tyre monitoring equipment under the
Translogik brand. Target sectors include aerospace, electric motors &
drives, industrial machinery and performance automotive.

The Company 's strategy is to maximise shareholder value through the
delivery of sustained revenue growth from all three principal technologies -
SAW, iTrack and Translogik probes - through leveraging excellence in
innovation, know-how in commercialising technologies, 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 (http://www.transense.com/)  .

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

 

 

 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                                    Sale of Ordinary Shares

 c)   Price and volume                                             Price: 87 pence per share

                                                                   Volume: 10,000
 d)   Aggregated information

      - Aggregated volume                                          As above

      - Price

 e)   Date of the transaction                                      16 December 2022 to 19 December 2022

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 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: 89.2 pence per share

                                                                   Volume: 10,000
 d)   Aggregated information

      - Aggregated volume                                          As above

      - Price

 e)   Date of the transaction                                      16 December 2022 to 19 December 2022

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

 

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