REG - Transense Technlgy - Transaction in Own Shares & TVR

Transense TechnologiesAnnouncement

11/01/2024 10:00

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RNS Number : 3969Z  Transense Technologies PLC  11 January 2024

11 January 2024

Transense Technologies plc

("Transense" or "the Company")

 

Transaction in own shares

Change to Total Voting Rights

Transense Technologies plc, the provider of specialist sensing solutions and
measurement systems, announces that on 10 January 2024, the Company purchased
50,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price
of 97.5 pence per share. These shares will be held in treasury for the time
being to satisfy share option awards in the future.

Following these transactions, the total number of Ordinary Shares held as
treasury shares by the Company is 1,012,856. 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 15,424,884
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:                              10 January 2024
 Investment firm                                 Shard Capital Stockbrokers
 Venue                                           London Stock Exchange
 Number of ordinary shares purchased             50,000
 Volume-weighted average price, pence            97.5
 Highest price paid (per ordinary share), pence  97.5
 Lowest price paid (per ordinary share), pence   97.5

 

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)

 Stefano Aquilino / Tony Quirke (Sales & 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
 50,000            97.5                     London Stock Exchange  10 January 2024      15:56:19

 

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