REG - Transense Technlgy - Transaction in Own Shares & TVR

Transense TechnologiesAnnouncement

06/11/2023 17:00

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RNS Number : 5402S  Transense Technologies PLC  06 November 2023

Transense Technologies plc

("Transense" or "the Company")

 

Transaction in own shares

Change to Total Voting Rights

Transense Technologies plc, the provider of specialist sensor systems,
announces that the Company has purchased 27,500 of its own ordinary shares of
10p each ("Ordinary Shares") at a price of 98.65 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 962,856. 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 15,474,884 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:                              6 November 2023
 Investment firm                                 Shard Capital Stockbrokers
 Venue                                           London Stock Exchange
 Number of ordinary shares purchased             27,500
 Volume-weighted average price, pence            98.65
 Highest price paid (per ordinary share), pence  98.65
 Lowest price paid (per ordinary share), pence   98.65

 

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 / Joseph Walker                       Transense@walbrookpr.com

 

 

Notes to Editors:

 

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, automotive (high performance and off-road) and
complex machine control.

 

The Group'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

 

For further information please contact transense@walbrookpr.com.

 

Schedule of Purchases - Individual Transactions

 

 Number of Shares  Price Per Share (pence)  Trading Venue          Date of Transaction  Time of transaction
 27,500            98.65                    London Stock Exchange  6 November 2023      09:42:21

 

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