REG - Transense Technlgy - Transaction in own shares & TVR

Transense TechnologiesAnnouncement

02/05/2023 10:30

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RNS Number : 1138Y  Transense Technologies PLC  02 May 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 35,000 of its own ordinary
shares of 10p each ("Ordinary Shares") at a price of 81.428 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 764,027. 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 15,673,713 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:                              28 April 2023
 Investment firm                                 Shard Capital Stockbrokers
 Venue                                           London Stock Exchange
 Number of ordinary shares purchased             35,000
 Volume-weighted average price, pence            81.428
 Highest price paid (per ordinary share), pence  81.428
 Lowest price paid (per ordinary share), pence   81.428

 

 

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 wireless sensor technology and systems, and currently
 has three business segments:

 SAW - patent protected Surface Acoustic Wave sensor technology that provides
 real time measurement of torque, temperature, pressure and strain, and is used
 to improve efficiency, performance, safety and sustainability of propulsion
 systems and machinery.  Current focus is the development of a pipeline of
 high calibre customers and collaborative partnerships for a variety of
 applications in electric drives, aerospace, industrial machinery (including
 off-highway and robotics) and high performance automotive sectors.

 Translogik - smart, connected commercial vehicle tyre inspection equipment,
 used by vehicle fleets to more easily gather and maintain accurate tyre safety
 and condition data; and,

 iTrack - a tyremonitoring system for off-highway vehicles, licensed
 exclusively to Bridgestone Corporation, the world's largest tyre producer,
 under a ten-year deal expiring in 2030.

 For further information please contact transense@walbrookpr.com
 (mailto: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 wireless sensor technology and systems, and currently
has three business segments:

SAW - patent protected Surface Acoustic Wave sensor technology that provides
real time measurement of torque, temperature, pressure and strain, and is used
to improve efficiency, performance, safety and sustainability of propulsion
systems and machinery.  Current focus is the development of a pipeline of
high calibre customers and collaborative partnerships for a variety of
applications in electric drives, aerospace, industrial machinery (including
off-highway and robotics) and high performance automotive sectors.

Translogik - smart, connected commercial vehicle tyre inspection equipment,
used by vehicle fleets to more easily gather and maintain accurate tyre safety
and condition data; and,

iTrack - a tyremonitoring system for off-highway vehicles, licensed
exclusively to Bridgestone Corporation, the world's largest tyre producer,
under a ten-year deal expiring in 2030.

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
 35,000            81.428                   London Stock Exchange  28 April 2023        16:42:30

 

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