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
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 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
|