Transense Regulatory News (TRT)

11 Apr 2007 12:17

Transense Technologies PLC11 April 2007 11 April 2007 Transense Technologies plc ('Transense' or the 'Company') Exercise of options Directors' dealings Exercise of Options On 10 April 2007, employees of Transense and Raymond Lohr, Technical Director ofTransense informed the Company that they had exercised a total of 135,000options over Transense ordinary shares of 10 pence each in the Company ("Ordinary Shares"). Application has been made by Transense for the OrdinaryShares to be admitted to trading on AIM, a market operated by London StockExchange plc ("AIM"). It is expected that dealings in these new Ordinary Shares, which rank pari passuin all respects with the existing ordinary shares, will commence on 16 April2007. Directors' exercise of options and dealings in Ordinary Shares 1. On 10 April 2007, Raymond Lohr, Technical Director of Transense informed the Company that he had: (i) exercised 100,000 options over Transense Ordinary Shares with an exercise price of 52 pence; and (ii) sold 80,000 shares in the market at 140.7 pence per Ordinary Share. Following the retention of 20,000 Ordinary Shares pursuant to the exercise of these options, Dr Lohr now holds 20,000 Ordinary Shares (approximately 0.04% of the issued ordinary share capital). 2. On 10 April 2007, Howard Pearl, Finance Director of Transense informed the Company that he had sold 7,000 Ordinary Shares at 141.0 pence per Ordinary Share and his spouse had purchased 7,000 Ordinary Shares at 141.5 pence per Ordinary Share. Following the sale and purchase of Ordinary Shares, Mr Pearl now holds a beneficial interest in 222,400 Ordinary Shares (approximately 0.4% of the issued ordinary share capital). For further information, please contact: Transense Technologies plc +44(0) 1869 238 380James Perry Noble & Company Limited +44(0) 20 7763 2200Graeme Bayley This information is provided by RNS The company news service from the London Stock Exchange