Last checked at 16 Jun 2023 17:57
Transense Technologies plc
("Transense" or the "Company")
Transaction in own shares
Change to Total Voting Rights
Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, announces that the Company has today purchased 100,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 87 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 874,027. 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 15,563,713 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: | 16 June 2023 |
Investment firm | Shard Capital Stockbrokers |
Venue | London Stock Exchange |
Number of ordinary shares purchased | 100,000 |
Volume-weighted average price, pence | 87 |
Highest price paid (per ordinary share), pence | 87 |
Lowest price paid (per ordinary share), pence | 87 |
For further information please visit www.transense.com or contact:
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Notes to Editors: Transense is headquartered in Oxfordshire, UK and its shares are traded on AIM, a market operated by the London Stock Exchange (AIM: TRT). The Company develops and supplies wireless sensor technology and systems, and currently has three business segments: SAW - patent protected Surface Acoustic Wave sensor technology that provides real time measurement of torque, temperature, pressure and strain, and is used to improve efficiency, performance, safety and sustainability of propulsion systems and machinery. Current focus is the development of a pipeline of high calibre customers and collaborative partnerships for a variety of applications in electric drives, aerospace, industrial machinery (including off-highway and robotics) and high performance automotive sectors. Translogik - smart, connected commercial vehicle tyre inspection equipment, used by vehicle fleets to more easily gather and maintain accurate tyre safety and condition data; and, iTrack - a tyremonitoring system for off-highway vehicles, licensed exclusively to Bridgestone Corporation, the world's largest tyre producer, under a ten-year deal expiring in 2030. For further information please contact transense@walbrookpr.com
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Schedule of Purchases - Individual Transactions
Number of Shares | Price Per Share (pence) | Trading Venue | Date of Transaction | Time of transaction |
100,000 | 87 | London Stock Exchange | 16 June 2023 | 14:22:00 |