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RNS Number : 7923S Transense Technologies PLC 13 March 2023
Transense Technologies plc
("Transense" or the "Company")
Transaction in own shares
Change to Total Voting Rights
Transense Technologies plc (AIM: TRT), the developer of specialist sensor
systems, announces that the Company has purchased 50,000 of its own ordinary
shares of 10p each ("Ordinary Shares") at a price of 85.7 pence per share.
These shares will be held in treasury for the time being to satisfy share
option awards in the future.
Following this transaction, the total number of Ordinary Shares held as
treasury shares by the Company is 654,027. The total number of Ordinary Shares
in issue (including shares held as treasury shares) is 16,437,740. Therefore,
the total number of voting rights in the Company is 15,783,713 which 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.
In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018, the information below contains information about the purchases made
by Shard Capital Stockbrokers on behalf of the Company as part of the buyback
programme.
Aggregate information:
Shares purchased: Transense Technologies plc (ISIN CODE: GB00BDHDTH21)
Date of purchases: 10 March 2023
Investment firm Shard Capital Stockbrokers
Venue London Stock Exchange
Number of ordinary shares purchased 50,000
Volume-weighted average price, pence 85.7
Highest price paid (per ordinary share), pence 85.7
Lowest price paid (per ordinary share), pence 85.7
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)
Schedule of Purchases - Individual Transactions
Number of Shares Price Per Share (pence) Trading Venue Date of Transaction Time of transaction
50,000 85.7 London Stock Exchange 10 March 2023 16:03:21
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