Transense Technologies PLC Statement re joint broker (5561G)
March 02 2018 - 6:26AM
UK Regulatory
TIDMTRT
RNS Number : 5561G
Transense Technologies PLC
02 March 2018
Transense Technologies plc
("Transense" or the "Company")
Statement re joint broker
Transense Technologies plc (AIM: TRT), the provider of sensor
systems for the transportation and industrial markets, notes the
Financial Conduct Authority's ("FCA") announcement today regarding
Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing
Services Limited (the "Firms") being placed into insolvency. The
FCA's announcement disclosed that the FCA has imposed requirements
requiring the Firms to cease all regulatory activity. BSL were a
joint broker to Transense. As a result of the requirements imposed
by the FCA, BSL will no longer be able to provide broking services
to Transense.
finnCap Ltd continue to act as nominated adviser and broker to
Transense Technologies plc.
For further information please visit www.transense.co.uk or
contact:
Transense Technologies plc Tel: +44 1869 238380
Graham Storey, Chief Executive
finnCap Ltd Tel: +44 20 7220
Ed Frisby, Giles Rolls (Corporate 0500
Finance)
Tony Quirke, Abigail Wayne (Sales
& Broking)
About Transense Technologies
Based in Oxfordshire, UK, Transense has developed
patent-protected sensor systems and supporting technology for use
in a variety of diverse high growth markets. Transense's Surface
Acoustic Wave (SAW), wireless, battery-less, sensor systems offer
significant advantages over legacy wireless sensor systems.
Transense is targeting the transport and mining industries, and the
global torque, temperature and pressure sensing markets, via its
trading divisions, Translogik and SAWSense.
Transense's shares are admitted to trading on AIM, a market
operated by the London Stock Exchange (AIM: TRT).
www.transense.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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