25 March 2024
Transense Technologies
plc
("Transense" or "the Company")
Transaction in own
shares
Change to Total Voting
Rights
Transense Technologies plc, the
provider of specialist sensor technology and measurement systems,
announces that on 22 March 2024, the Company purchased 70,000 of
its own ordinary shares of 10p each
("Ordinary Shares") at a price of 100 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 1,152,856. 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 15,284,884 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:
|
22 March 2024
|
|
Investment firm
|
Shard Capital
Stockbrokers
|
|
Venue
|
London Stock Exchange
|
|
Number of ordinary shares purchased
|
70,000
|
|
Volume-weighted average price, pence
|
100
|
|
Highest price paid (per ordinary share),
pence
|
100
|
|
Lowest price paid (per ordinary share),
pence
|
100
|
For further information please visit
www.transense.com or contact:
|
Transense Technologies
plc
Nigel Rogers (Executive
Chairman)
Melvyn Segal (CFO)
|
Via Walbrook PR
|
|
Allenby Capital (Nominated Adviser
and Broker)
Jeremy Porter / George Payne
(Corporate Finance)
Stefano Aquilino / Tony Quirke
(Sales & Corporate Broking)
|
Tel: +44 (0)20 3328 5656
|
|
Walbrook PR
Tom Cooper/Nick Rome / Joseph
Walker
|
Tel: +44 (0)20 7933 8780
Transense@walbrookpr.com
|
Notes to Editors:
Transense is a developer of
specialist sensor technology and measurement systems. The
Company has two active business divisions:
·
Translogik a range of smart, connected tyre
inspection and management equipment, used by leading tyre
manufacturers, dealers and fleet operators to reduce costs and
improve safety; and
·
SAWsense, developing Surface Acoustic Wave (SAW)
sensor technology, to improve performance, reliability and
efficiency in focus markets of aerospace, automotive, robotics and
industrial machinery.
In addition, the Company earns
residual royalty income from Bridgestone iTrack (new branding name
for iTrack), a tyre condition and performance monitoring system,
that was developed by Translogik and subsequently licensed to
Bridgestone Corporation for a ten year period in 2020, expiring in
2030.
The Group's strategy is to maximise
shareholder value through the delivery of sustained revenue growth
from its business divisions by leveraging excellence in innovation
and know-how to commercialise technologies through 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
|
100
|
London
Stock Exchange
|
22 March
2024
|
14:47:58
|