REG - Transense Technlgy - Transaction in Own Shares & TVR

Transense TechnologiesAnnouncement

20/03/2023 07:00

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RNS Number : 4442T  Transense Technologies PLC  20 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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