For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240202:nRSB9313Ba&default-theme=true
RNS Number : 9313B Transense Technologies PLC 02 February 2024
2 February 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 2 February 2024, the Company purchased
70,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price
of 98.5 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 1,082,856. 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 15,354,884
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: 2 February 2024
Investment firm Shard Capital Stockbrokers
Venue London Stock Exchange
Number of ordinary shares purchased 70,000
Volume-weighted average price, pence 98.5
Highest price paid (per ordinary share), pence 98.5
Lowest price paid (per ordinary share), pence 98.5
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
70,000 98.5 London Stock Exchange 2 February 2024 14:12:33
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END POSTTMRTMTJMBLI