TIDMTRT

RNS Number : 9383C

Transense Technologies PLC

28 February 2022

Transense Technologies plc

("Transense" or the "Company")

Director/PDMR shareholding - acquisition of shares

Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, has been notified that on 24 February 2022 Ryan Maughan, Business Development Director of the Company, purchased 5,912 ordinary shares in the Company at 84.4p per share. Accordingly, Ryan Maughan's total beneficial shareholding in the Company has increased to 18,363 ordinary shares, which represents 0.112% of the issued share capital.

Further details are provided in the forms below in accordance with the requirements of the UK Market Abuse Regulation.

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         Tel: +44 (0)20 3328 5656 
    and Broker) 
    Jeremy Porter / George Payne (Corporate 
    Finance) 
    Tony Quirke (Sales and Corporate 
    Broking) 
   Walbrook PR                                Tel: +44 (0)20 7933 8780 
    Tom Cooper/Nick Rome/Nicholas Johnson      Transense@walbrookpr.com

Notes to Editors:

Transense develops and supplies wireless sensor technology and systems. The Company has three business areas:

-- SAW , patent protected Surface Acoustic Wave sensor technology that provides real time measurement of torque, temperature, pressure and strain, that is used to improve efficiency, performance and safety of propulsion systems and machinery;

-- Translogik , smart, connected commercial vehicle tyre inspection equipment, used by vehicle fleets to more easily gather and maintain accurate tyre safety and condition data; and

-- iTrack , a tyre pressure monitoring system for off-highway machinery, licensed exclusively to Bridgestone Corporation, the world's largest tyre producer, under a ten-year deal.

Target market sectors include automotive, aerospace and industrial machinery. The Group's strategy is to leverage excellence in innovation, know-how in wireless sensor technologies and form industry partnerships in these global growth sectors to maximise shareholder value through sustained revenue growth from all three principal technologies - SAW, iTrack and Translogik.

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.

For further information please contact transense@walbrookpr.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)   Name                              Ryan Maughan 
     --------------------------------  --------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                   Business Development Director 
     --------------------------------  --------------------------------- 
 b)   Initial notification /Amendment   Initial 
     --------------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                              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      Ordinary Shares of 10 pence each 
       instrument, type of instrument 
 
      Identification code               GB00BDHDTH21 
 
 b)   Nature of the transaction         Purchase of Ordinary Shares 
     --------------------------------  --------------------------------- 
 c)   Price and volume                  Price: 84.4 pence per share 
 
                                         Volume: 5,912 
     --------------------------------  --------------------------------- 
 d)   Aggregated information 
      - Aggregated volume               As above 
      - Price 
 
 e)   Date of the transaction           24 February 2022 
     --------------------------------  --------------------------------- 
 f)   Place of the transaction          London Stock Exchange, AIM 
     --------------------------------  ---------------------------------

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February 28, 2022 02:00 ET (07:00 GMT)

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