Transense Technologies PLC Transaction in Own Shares & TVR (5402S)

TIDMTRT

RNS Number : 5402S

Transense Technologies PLC

06 November 2023

Transense Technologies plc

("Transense" or "the Company")

Transaction in own shares

Change to Total Voting Rights

Transense Technologies plc, the provider of specialist sensor systems, announces that the Company has purchased 27,500 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 98.65 pence per share. These shares will be held in treasury for the time being to satisfy share option awards in the future.

Following this transaction, the total number of Ordinary Shares held as treasury shares by the Company is 962,856. 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 15,474,884 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:           6 November 2023 
                             --------------------------------------- 
 Investment firm              Shard Capital Stockbrokers 
                             --------------------------------------- 
 Venue                        London Stock Exchange 
                             --------------------------------------- 
 Number of ordinary shares 
  purchased                   27,500 
                             --------------------------------------- 
 Volume-weighted average 
  price, pence                98.65 
                             --------------------------------------- 
 Highest price paid (per 
  ordinary share), pence      98.65 
                             --------------------------------------- 
 Lowest price paid (per 
  ordinary share), pence      98.65 
                             --------------------------------------- 
 

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) 
  Tony Quirke/Jos Pinnington (Sales and 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        6 November 
  27,500         98.65           Exchange             2023               09:42:21 
            ---------------  --------------  --------------------  -------------------- 
 

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November 06, 2023 11:48 ET (16:48 GMT)