REG - Transense Technlgy - Director/PDMR Shareholding

Transense TechnologiesAnnouncement

12/01/2024 07:00

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RNS Number : 4614Z  Transense Technologies PLC  12 January 2024

12 January 2024

Transense Technologies plc

("Transense" or the "Company")

 

Director/PDMR shareholding - acquisition of shares

 

Transense Technologies plc, the provider of specialist sensing solutions and
measurement systems, has been notified that Ryan Maughan, Business Development
Director, on 11 January 2024, purchased 1,800 ordinary shares of 10 pence each
in the Company ("Ordinary Shares") at a price of 98 pence per share.

 

Accordingly, Ryan Maughan's total beneficial shareholding in the Company has
increased to 31,807 Ordinary Shares, which represents approximately 0.21% of
the Company's current voting rights.

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)

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

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

 

 

Notes to Editors:

 

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, automotive (high performance and off-road) and
complex machine control.

 

The Group'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

 

For further information please contact 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                                                         Ryan Maughan

 2    Reason for the notification

 a)   Position/status                                              Business Development Director

 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: 98 pence per share

                                                                   Volume: 1,800
 d)   Aggregated information

      - Aggregated volume                                          As above
      - Price

 e)   Date of the transaction                                      11 January 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

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