REG - Transense Technlgy - Issue of Equity <Origin Href="QuoteRef">TRT.L</Origin>

Transense TechnologiesAnnouncement

27/01/2017 07:00

RNS Number : 2575V
Transense Technologies PLC
27 January 2017
Transense Technologies plc
("Transense" or the "Company")
Issue of Equity
The Company announces the issue of 86,146 new ordinary shares of 50 pence each in the capital of the Company ("Ordinary Shares") pursuant to the exercise of 86,146 warrants which were granted to finnCap Limited as part of the 2015 fundraising. Application has been made for the 86,146 new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 31 January 2017.
Following Admission, the total number of voting rights in the Company will be9,532,435Ordinary Shares. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Transense Technologies plc
Graham Storey, Chief Executive
Tel: +44 1869 238 380
finnCap
Ed Frisby, Giles Rolls (Corporate Finance)
Tony Quirke, Alice Lane (Corporate Broking)
Tel: +44 20 7220 0500
IFC Advisory
Tim Metcalfe, Graham Herring, Heather Armstrong
Tel: +44 20 3053 8671
About Transense Technologies
Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems and supporting technology for use in a variety of diverse high growth markets. Transense's Surface Acoustic Wave (SAW) wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Transense is targeting the global transport and mining industries, and the global torque, temperature and pressure sensing markets, via its two trading divisions,Translogik and SAWSense.
Transense's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM: "TRT").

This information is provided by RNS
The company news service from the London Stock Exchange
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