Transense Technologies PLC Transaction in Own Shares & TVR (3969Z)

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RNS Number : 3969Z

Transense Technologies PLC

11 January 2024

11 January 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 10 January 2024, the Company purchased 50,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 97.5 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 1,012,856. 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 15,424,884 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:           10 January 2024 
                             --------------------------------------- 
 Investment firm              Shard Capital Stockbrokers 
                             --------------------------------------- 
 Venue                        London Stock Exchange 
                             --------------------------------------- 
 Number of ordinary shares 
  purchased                   50,000 
                             --------------------------------------- 
 Volume-weighted average 
  price, pence                97.5 
                             --------------------------------------- 
 Highest price paid (per 
  ordinary share), pence      97.5 
                             --------------------------------------- 
 Lowest price paid (per 
  ordinary share), pence      97.5 
                             --------------------------------------- 
 

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     Tel: [phone] 
  Broker)                                    5656 
  Jeremy Porter / George Payne (Corporate 
  Finance) 
  Stefano Aquilino / Tony Quirke (Sales & 
  Corporate Broking) 
 Walbrook PR                                Tel: [phone] 
  Tom Cooper/Nick Rome / Joseph Walker       8780 
                                             [e-mail] 
 

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 [e-mail].

Schedule of Purchases - Individual Transactions

 
 Number of     Price Per      Trading Venue   Date of Transaction   Time of transaction 
   Shares     Share (pence) 
                              London Stock        10 January 
  50,000          97.5           Exchange             2024               15:56:19 
            ---------------  --------------  --------------------  -------------------- 
 

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January 11, 2024 04:52 ET (09:52 GMT)