Transense Technologies PLC Transaction in Own Shares & TVR (5402S)
November 06 2023 - 10:48AM
UK Regulatory
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: +44 (0)20 3328
Broker) 5656
Jeremy Porter/George Payne (Corporate Finance)
Tony Quirke/Jos Pinnington (Sales and Corporate
Broking)
Walbrook PR Tel: +44 (0)20 7933
Tom Cooper/Nick Rome / Joseph Walker 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 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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