Directors Dealings

RNS Number : 8341P

Ubisense Group PLC

10 October 2011

 



10 October 2011

Ubisense Group plc

Directors Dealings

Ubisense Group plc ("Ubisense" or "the Company") (AIM: UBI) announces that it received notification on 7 October 2011 that Richard Green, CEO of the Company, purchased 75,000 ordinary shares of 2p each ("Ordinary Shares") at an average price of 192.9p per share.

Richard's resultant interest in Ordinary Shares in the Company is now 1,518,011 ordinary shares, representing approximately 7.0% of the total issued share capital of the Company.

For further information, see the Company's website www.ubisense.net or contact one of the following:

Enquiries

Ubisense Group plc	[phone]
Richard Green, Chief Executive Officer
Gordon Campbell, Chief Financial Officer
Canaccord Genuity	[phone]
Nominated Advisor and Broker
Simon Bridges/Henry Fitzgerald-O'Connor

About Ubisense

Ubisense is a world leader in providing end to end (hardware, software and services) real-time location solutions to companies allowing them to track people and assets with a high degree of accuracy

The Group operates in two divisions: RTLS and Geospatial

The RTLS division uses Ubisense's proprietary technology to target high value manufacturing businesses which are used to track assets, such as tools, people and vehicles, in factories and other indoor environments with an accuracy that satellite based systems cannot currently achieve

Ubisense's ultra-wideband ("UWB") based RTLS is currently one of the few systems that delivers both reliable accuracy and the ability to track resources in three dimensions in real-time

The Geospatial division uses Ubisense's expertise in location solutions to deliver applications, software and other solutions primarily in the utilities and telecom sectors

The Geospatial division focuses on the detailed mapping of network assets and provides, on behalf of its customers, network management planning and design, and has particular expertise in GE Smallworld software and solutions.

 

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