1 August 2024
Transense Technologies plc
("Transense" or the
"Company")
Director/PDMR shareholding -
acquisition of shares
Transense Technologies plc (AIM:
TRT), the provider of specialist sensor technology and measurement
systems, has been notified that on 31 July 2024, Melvyn Segal,
Chief Financial Officer, purchased 4,761 ordinary shares of 10
pence each in the Company ("Ordinary Shares") at a price of 147
pence per share. Accordingly, Melvyn Segal 's total beneficial
shareholding in the Company has increased to 73,529 Ordinary
Shares, which represents approximately 0.48% of the Company's
current voting rights.
Further details are provided in the
form below in accordance with the requirements of the UK Market
Abuse Regulation.
For further information please
visit https://www.transense.com
or contact:
|
Transense
Technologies plc
Nigel Rogers (Executive Chairman)
Melvyn Segal (Chief Financial Officer)
|
Via Walbrook PR
|
|
Allenby Capital
(Nominated Adviser and Broker)
Jeremy Porter/George Payne (Corporate Finance)
Stefano Aquilino/Tony Quirke (Sales and Corporate
Broking)
|
Tel: +44 (0)20 3328
5656
|
|
Walbrook
PR
Tom Cooper/Nick Rome/Joesph 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
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
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Name
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Melvyn Segal
|
|
2
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Reason for the
notification
|
|
a)
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Position/status
|
Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
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Name
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Transense Technologies plc
|
|
b)
|
LEI
|
2138005N52J6KKQ3EY67
|
|
4
|
Details of the transaction(s): section
to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
|
Ordinary Shares of 10 pence
each
|
|
|
|
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Identification code
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GB00BDHDTH21
|
|
|
|
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b)
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Nature of the
transaction
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Purchase of Ordinary Shares
|
|
c)
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Price and volume
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Price: 147 pence per share
Volume: 4,761
|
|
d)
|
Aggregated information
|
|
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- Aggregated volume
|
As above
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- Price
|
|
|
|
|
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e)
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Date of the transaction
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31 July 2024
|
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f)
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Place of the transaction
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London Stock Exchange, AIM
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