Last checked at 3 May 2022 07:00
Transense Technologies plc
("Transense", the "Group" or "the Company")
Transaction in own shares
& Total Voting Rights
Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, announces that further to the announcement on 22 February 2022, the Company has purchased 35,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 70 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 90,000. 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 16,347,740 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: | 29 April 2022 |
Investment firm | Shard Capital Stockbrokers |
Venue | London Stock Exchange |
Number of ordinary shares purchased | 35,000 |
Volume-weighted average price, pence | 70 |
Highest price paid (per ordinary share), pence | 70 |
Lowest price paid (per ordinary share), pence | 70 |
For further information please visit www.transense.com or contact:
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Notes to Editors:
Transense develops and supplies wireless sensor technology and systems. The Company has three business areas: · SAW, patent protected Surface Acoustic Wave sensor technology that provides real time measurement of torque, temperature, pressure and strain, that is used to improve efficiency, performance and safety of propulsion systems and machinery; · 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 tyre pressure monitoring system for off-highway machinery, licensed exclusively to Bridgestone Corporation, the world's largest tyre producer, under a ten-year deal. Target market sectors include automotive, aerospace and industrial machinery. The Group's strategy is to leverage excellence in innovation, know-how in wireless sensor technologies and form industry partnerships in these global growth sectors to maximise shareholder value through sustained revenue growth from all three principal technologies - SAW, iTrack and Translogik. 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. 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 |
35,000 | 70 | London Stock Exchange | 29 April 2022 | 16:15:31 |