Director/PDMR Shareholding

RNS Number : 2354K

Transense Technologies PLC

19 December 2022

 

19 December 2022

Transense Technologies plc

("Transense" or the "Company")

Director/PDMR shareholding

Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, has been notified that Nigel Rogers, Executive Chairman of the Company, between 16 and 19 December 2022 undertook a sale and repurchase of 10,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") to migrate part of his current shareholding into his own ISA. Accordingly, Nigel Rogers' total beneficial shareholding in the Company remains unchanged at 250,000 Ordinary shares, which represents 1.58% of the issued share capital.

Further details are provided in the forms below in accordance with the requirements of the UK Market Abuse Regulation.

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

Transense Technologies plc Nigel Rogers (Executive Chairman) Melvyn Segal (CFO) Via Walbrook PR Allenby Capital (Nominated Adviser and Broker) Jeremy Porter / George Payne (Corporate Finance) Tony Quirke (Sales and Corporate Broking) Tel: [phone] Walbrook PR Tom Cooper / Nick Rome Tel: [phone] [e-mail]

Notes to Editors: Transense develops and supplies wireless sensor technology and systems. The Company has three business areas: Transense is a developer of specialist wireless sensor systems used to enable real-time data gathering and monitoring.  Products include the patent protected Surface Acoustic Wave (SAW) sensor technology, used to improve equipment power, performance, reliability and efficiency; iTrack, Transense 's Tyre Pressure Monitoring System, licensed to Bridgestone Corporation, the world's largest tyre producer, under a ten-year deal in June 2020; and a range of intelligent tyre monitoring equipment under the Translogik brand. Target sectors include aerospace, electric motors & drives, industrial machinery and performance automotive.  The Company 's strategy is to maximise shareholder value through the delivery of sustained revenue growth from all three principal technologies - SAW, iTrack and Translogik probes - through leveraging excellence in innovation, know-how in commercialising technologies, 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
a)	Name	Nigel Rogers
2	Reason for the notification
a)	Position/status	Executive Chairman
b)	Initial notification /Amendment	Initial
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	Ordinary Shares of 10 pence each
	Identification code	GB00BDHDTH21
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price and volume	Price: 87 pence per share Volume: 10,000
d)	Aggregated information
	- Aggregated volume	As above
	- Price
e)	Date of the transaction	16 December 2022 to 19 December 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Rogers
2	Reason for the notification
a)	Position/status	Executive Chairman
b)	Initial notification /Amendment	Initial
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	Ordinary Shares of 10 pence each
	Identification code	GB00BDHDTH21
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price and volume	Price: 89.2 pence per share Volume: 10,000
d)	Aggregated information
	- Aggregated volume	As above
	- Price
e)	Date of the transaction	16 December 2022 to 19 December 2022
f)	Place of the transaction	London Stock Exchange, AIM

 

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