Transense Technologies PLC Transaction in own shares & TVR (1138Y)

TIDMTRT

RNS Number : 1138Y

Transense Technologies PLC

02 May 2023

Transense Technologies plc

("Transense" or the "Company")

Transaction in own shares

Change to Total Voting Rights

Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, announces that the Company has purchased 35,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 81.428 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 764,027. 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 15,673,713 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:           28 April 2023 
                             --------------------------------------- 
 Investment firm              Shard Capital Stockbrokers 
                             --------------------------------------- 
 Venue                        London Stock Exchange 
                             --------------------------------------- 
 Number of ordinary shares 
  purchased                   35,000 
                             --------------------------------------- 
 Volume-weighted average 
  price, pence                81.428 
                             --------------------------------------- 
 Highest price paid (per 
  ordinary share), pence      81.428 
                             --------------------------------------- 
 Lowest price paid (per 
  ordinary share), pence      81.428 
                             --------------------------------------- 
 

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: [phone] 
    and Broker) 
    Jeremy Porter / George Payne (Corporate 
    Finance) 
    Tony Quirke/Jos Pinnington (Sales and 
    Corporate Broking) 
   Walbrook PR                                Tel: [phone] 
    Tom Cooper / Nick Rome                     [e-mail] 
      Notes to Editors: 
       Transense is headquartered in Oxfordshire, UK and its shares 
       are traded on AIM, a market operated by the London Stock Exchange 
       (AIM: TRT). The Company develops and supplies wireless sensor 
       technology and systems, and currently has three business segments: 
       SAW - patent protected Surface Acoustic Wave sensor technology 
       that provides real time measurement of torque, temperature, 
       pressure and strain, and is used to improve efficiency, performance, 
       safety and sustainability of propulsion systems and machinery. 
       Current focus is the development of a pipeline of high calibre 
       customers and collaborative partnerships for a variety of 
       applications in electric drives, aerospace, industrial machinery 
       (including off-highway and robotics) and high performance 
       automotive sectors. 
       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 tyremonitoring system for off-highway vehicles, 
       licensed exclusively to Bridgestone Corporation, the world's 
       largest tyre producer, under a ten-year deal expiring in 2030. 
       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 
  35,000         81.428          Exchange        28 April 2023           16:42:30 
            ---------------  --------------  --------------------  -------------------- 
 

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May 02, 2023 05:23 ET (09:23 GMT)