Director/PDMR - Acquisition of Shares

Transense Technologies PLC

01 May 2024

 

1 May 2024

Transense Technologies plc

 ("Transense" or the "Company")

Director/PDMR shareholdings - acquisition of shares

Transense Technologies plc, the provider of specialist sensor technology and measurement systems, has been notified that on 30 April 2024, Nigel Rogers (Executive Chairman), Melvyn Segal (Chief Financial Officer), Ryan Maughan (Managing Director) and Stephen Parker (Non-Executive Director) purchased in aggregate 41,858 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at an average price of 100.63 pence per Ordinary Share.

Further details are provided in the forms at the end of this announcement in accordance with the requirements of the UK Market Abuse Regulation and summarised in the table below:

Name of Director	No. of Ordinary Shares purchased	Total no. of Ordinary Shares now held	Percentage of voting rights now held
Nigel Rogers	8,500	280,000	1.84%
Melvyn Segal	4,890	68,768	0.45%
Ryan Maughan	23,547	55,354	0.36%
Steve Parker	4,921	17,172	0.11%

For further information please visit www.transense.com or contact:

Transense Technologies plc Nigel Rogers (Executive Chairman) Melvyn Segal (Chief Financial Officer) Ryan Maughan (Managing Director)	Via Walbrook PR
Allenby Capital (Nominated Adviser and Broker) Jeremy Porter/George Payne (Corporate Finance) Stefano Aquilino/Tony Quirke (Sales and Corporate Broking)	Tel: [phone]
Walbrook PR Tom Cooper/Nick Rome/Joesph Walker	Tel: [phone] [e-mail]

Notes to Editors:

Transense is a developer of specialist sensor technology and measurement systems.  The Company has two active business divisions:

·     Translogik a range of smart, connected tyre inspection and management equipment, used by leading tyre manufacturers, dealers and fleet operators to reduce costs and improve safety; and

·     SAWsense, developing Surface Acoustic Wave (SAW) sensor technology, to improve performance, reliability and efficiency in focus markets of aerospace, automotive, robotics and industrial machinery.

In addition, the Company earns residual royalty income from Bridgestone iTrack (new branding name for iTrack), a tyre condition and performance monitoring system, that was developed by Translogik and subsequently licensed to Bridgestone Corporation for a ten year period in 2020, expiring in 2030.

The Group's strategy is to maximise shareholder value through the delivery of sustained revenue growth from its business divisions by leveraging excellence in innovation and know-how to commercialise technologies through 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 [e-mail].

1	Details of the person discharging managerial responsibilities / person closely associated (PCA)
a)	Name	PDMRs: Nigel Rogers Executive Chairman Melvyn Segal Chief Financial Officer Ryan Maughan Managing Director Stephen Parker Non-Executive Director PCAs: Julie Rogers PCA of Nigel Rogers Jennie Maughan PCA of Ryan Maughan
2	Reason for the notification
a)	Position/status	See 1a) above
b)	Initial notification /Amendment	Initial notification
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 Identification code	Ordinary Shares of 10 pence each GB00BDHDTH21
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Name Volumes Price (pence) Ryan Maughan 3,563 98 Jennie Maughan 9,992 100 Ryan Maughan 9,992 100 Steve Parker 4,921 101.5 Julie Rogers 5,950 101.9 Nigel Rogers 2,550 101.9 Melvyn Segal 4,890 102
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	30 April 2024
f)	Place of the transaction	London Stock Exchange, AIM

 

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