REG - Transense Technlgy - Director/PDMR Shareholding – acquisition of shares

Transense TechnologiesAnnouncement

18/06/2024 07:00

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RNS Number : 7644S  Transense Technologies PLC  18 June 2024

18 June 2024

 

Transense Technologies plc

("Transense" or the "Company")

 

Director/PDMR shareholding - acquisition of shares

 

Transense Technologies plc, the provider of specialist sensor technology and
measurement systems, has been notified that on 17 June 2024, Ryan Maughan,
Managing Director, purchased 3,946 ordinary shares of 10 pence each in the
Company ("Ordinary Shares") at a price of 126.5 pence per share. Accordingly,
Ryan Maughan's total beneficial shareholding in the Company has increased to
59,300 Ordinary Shares, which represents approximately 0.39% of the Company's
current voting rights.

 

Further details are provided in the form below in accordance with the
requirements of the UK Market Abuse Regulation.

 

For further information please visit www.transense.com or contact:

 Transense Technologies plc                                   Via Walbrook PR

 Nigel Rogers (Executive Chairman)

 Melvyn Segal (Chief Financial Officer)

 Ryan Maughan (Managing Director)
 Allenby Capital (Nominated Adviser and Broker)               Tel: +44 (0)20 3328 5656

 Jeremy Porter/George Payne (Corporate Finance)

 Stefano Aquilino/Tony Quirke (Sales and Corporate Broking)
 Walbrook PR                                                  Tel: +44 (0)20 7933 8780

 Tom Cooper/Nick Rome/Joesph Walker                           Transense@walbrookpr.com

 

Notes to Editors:

Transense is a developer of specialist sensor technology and measurement
systems.  The Company has two active business divisions:

 

·     Translogik a range of smart, connected tyre inspection and
management equipment, used by leading tyre manufacturers, dealers and fleet
operators to reduce costs and improve safety; and

 

·     SAWsense, developing Surface Acoustic Wave (SAW) sensor technology,
to improve performance, reliability and efficiency in focus markets of
aerospace, automotive, robotics and industrial machinery.

 

In addition, the Company earns residual royalty income from Bridgestone iTrack
(new branding name for iTrack), a tyre condition and performance monitoring
system, that was developed by Translogik and subsequently licensed to
Bridgestone Corporation for a ten year period in 2020, expiring in 2030.

 

The Group's strategy is to maximise shareholder value through the delivery of
sustained revenue growth from its business divisions by leveraging excellence
in innovation and know-how to commercialise technologies through 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
(mailto:transense@walbrookpr.com) .

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Ryan Maughan

 2    Reason for the notification

 a)   Position/status                                              Managing Director

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Transense Technologies plc

 b)   LEI                                                          2138005N52J6KKQ3EY67

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each

      Identification code                                          GB00BDHDTH21

 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price and volume                                             Price: 126.5 pence per share

                                                                   Volume: 3,946
 d)   Aggregated information

      - Aggregated volume                                          As above
      - Price

 e)   Date of the transaction                                      17 June 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

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