Last checked at 25 Sep 2023 11:00
25 September 2023
Transense Technologies plc
("Transense" or the "Company")
Director/PDMR shareholding - acquisition of shares
Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, has been notified that Melvyn Segal, Chief Financial Officer, has today purchased 4,672 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 106.75 pence per share, and Stephen Parker, Non-Executive Director, has today purchased 7,000 Ordinary Shares at a price of 105 pence per share.
Accordingly, Melvyn Segal's total beneficial shareholding in the Company has increased to 59,672 Ordinary Shares, which represents 0.38% of the Company's current voting rights and Stephen Parker's total beneficial shareholding in the Company has increased to 7,000 Ordinary Shares, which represents 0.05% of the Company's current voting rights.
Further details are provided in the forms 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 Nigel Rogers (Executive Chairman) Melvyn Segal (CFO) | Tel: Via Walbrook PR |
Allenby Capital (Nominated Adviser and Broker) Jeremy Porter/George Payne (Corporate Finance) Tony Quirke/Stefano Aquilino (Sales & Corporate Broking) | Tel: +44 (0)20 3328 5656 |
Walbrook PR Tom Cooper/Nick Rome | Tel: +44 (0)20 7933 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, electric motors & drives, industrial machinery and performance automotive.
The Company'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 .
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
| Melvyn Segal |
2
| Reason for the notification | |
a)
| Position/status
| Chief Financial Officer |
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: 106.75 pence per share
Volume: 4,672 |
d)
| Aggregated information | |
- Aggregated volume | As above | |
- Price | ||
e)
| Date of the transaction
| 25 September 2023 |
f)
| Place of the transaction
| London Stock Exchange, AIM |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Stephen Parker |
2
| Reason for the notification | |
a)
| Position/status
| Non-Executive 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: 105 pence per share
Volume: 7,000 |
d)
| Aggregated information | |
- Aggregated volume | As above | |
- Price | ||
e)
| Date of the transaction
| 25 September 2023 |
f)
| Place of the transaction
| London Stock Exchange, AIM |