REG - Transense Technlgy - Re: Open Offer <Origin Href="QuoteRef">TRT.L</Origin>

Transense TechnologiesAnnouncement

16/07/2015 15:35

RNS Number : 1754T
Transense Technologies PLC
16 July 2015
16 July 2015
NOT FOR RELEASE, PUBLICATION, OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN
Transense Technologies plc
("Transense" or the "Company")
Re: Open Offer
Transense Technologies plc (AIM: TRT), the provider of sensor systems for the transportation and industrial markets, has had a number of enquiries regarding the Open Offer from Shareholders who hold their shares in nominee accounts. The Open Offer was announced on 29 June 2015 alongside the recently completed Placing with new institutional and other investors, and provides all existing Eligible Shareholders with the opportunity to subscribe for New Ordinary Shares in the Company at the same issue price offered to the institutions.
Shareholders should note that:
 Certain nominee account administrators will contact the Shareholder directly to advise that there is an Open Offer and to seek instruction on participating in the Open Offer and voting at the General Meeting.
 Certain other nominee account administrators do not contact the Shareholder and therefore the Shareholder must contact the nominee account holder and provide instructions regarding participating in the Open Offer and voting at the General Meeting. If you do not contact them they will take no action.
 If a Shareholder holds his/her shares in a nominee account, wishes to participate in the Open Offer and has not already been contacted by the nominee then the Board of Transense would suggest that he/she immediately contacts the nominee directly with their instructions.
Shareholders are reminded of the expected timetable below and suggest that all those Eligible Shareholders who wish to participate in the Open Offer should take action immediately. 
Record Date for participation in the Offer
6.00 p.m. on 26 June
Announcement of the Placing and the Offer
29 June
Date of publication of the Circular and Application Form; and Offer opens
30 June
Last date and time for receipt of Forms of Proxy
12.00 p.m. on 23 July
Last date and time for receipt of Application Forms
12.00 p.m. on 24 July
General Meeting
12.00 p.m. on 27 July
Admission and commencement of dealings in Placing Shares on AIM
8.00 a.m. on 28 July
CREST accounts credited with Placing Shares in uncertificated form
8.00 a.m. on 28 July
Admission and commencement of dealings in Offer Shares on AIM
8.00 a.m. on 7 August
CREST accounts credited with Offer Shares in uncertificated form
8.00 a.m. on 7 August
Definitive share certificates in respect of Placing Shares in certificated 
form despatched
No later than 10 August
Definitive share certificates in respect of Offer Shares in certificated form despatched
No later than 10 August
 
Defined terms used in this announcement have the same meanings as those used in the Circular published on 30 June 2015.
For further information, please contact:
Transense Technologies plc
Tel: +44 1869 238 380
Graham Storey, Chief Executive



finnCap
Ed Frisby, Giles Rolls (corporate finance)
Tony Quirke, Alice Lane (corporate broking)
Tel: +44 20 7220 0500
IFC Advisory
Tel: +44 20 3053 8671
Tim Metcalfe, Graham Herring


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