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Transense TechnologiesAnnouncement

31/08/2023 17:00

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RNS Number : 9548K  Transense Technologies PLC  31 August 2023

Transense Technologies plc

 ("Transense" or the "Company")

 

Total voting rights

 

Transense Technologies plc, the developer of specialist sensor systems,
announces that the issued share capital of the Company at the date of this
announcement comprises 16,437,740 ordinary shares of 10 pence ("Ordinary
Shares"). The Company holds 935,356 Ordinary Shares in treasury and therefore,
the total number of voting rights in the Company is 15,502,384.

 

The figure of 15,502,384 should 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 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/Jos Pinnington (Sales and Corporate Broking)
 Walbrook PR                                                Tel: +44 (0)20 7933 8780

 Tom Cooper / Nick Rome                                     Transense@walbrookpr.com

Notes to Editors:

 

Transense is headquartered in Oxfordshire, UK and its shares are traded on
AIM, a market operated by the London Stock Exchange (AIM: TRT). The Company
develops and supplies advanced sensor technology and measurement solutions
used by some of the world's leading companies to improve performance,
efficiency and safety in demanding, mission critical applications.  Transense
currently operates through two active business segments:

 

·    SAWsense - designs, supplies and licences advanced sensor solutions
based on proven, patent protected Surface Acoustic Wave (SAW) technology to
world leading companies in aerospace, electric motors and drives, industrial
machinery (including robotics) and motor sport. Key customers include GE
Aerospace, Parker Meggitt, McLaren Applied and several other confidential Tier
One automotive and aerospace suppliers.

 

·    Translogik - develops smart, connected commercial vehicle tyre
inspection equipment to many of the world's leading tyre suppliers, fleet
operators and service centres, that accurately measure and digitally capture
safety-critical tyre condition data, used to reduce operating costs, improve
safety and provide audit records for regulatory compliance. Key customers
include Bridgestone, Goodyear, Continental and Prometeon (Pirelli), and
leading independent providers of vehicle fleet maintenance management
software.

 

Transense earns residual royalty income from iTrack - a tyre monitoring system
for off-highway vehicles that was designed, developed and supplied by
Translogik and sold under subscription to leading global mining companies. The
associated sales, support and development infrastructure were sold to
Bridgestone Corporation Japan, the world's largest tyre producer, in June
2020, and the intellectual property was licenced exclusively to Bridgestone
under a ten-year deal expiring in 2030.

 

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

 

 

 

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