Result of EGM/Director S/Hldg
Transense Technologies PLC
9 February 2001
Transense Technologies plc-Result of EGM
At the Extraordinary General Meeting held at 10 a.m. today the
resolution relating to the proposed variation of certain options,
as described in the circular to shareholders dated 23 January
2001, was duly passed, and the relevant options have subsequently
been exercised.
Application has been made for all of the 706,000 new ordinary
shares issued under the option schemes to be admitted to the
Alternative Investment Market ('AIM') of London Stock Exchange
plc and dealings in these ordinary shares are expected to
commence on Friday 16 February.
Enquiries:
Transense Technologies plc
Jim Perry, Chief Executive 01869 238 030
HSBC Investment Bank plc
John Mellett
Graeme Bayley 020 7336 9000
Clerkenwell Communications
John Coyle 020 7713 0900
0370 687 370
07699 727 796 (pager)
Transense Technologies plc-Secondary placing by HSBC and exercise
of options
HSBC Investment Bank plc has today placed 464,800 ordinary shares
in Transense Technologies plc ('Transense') with institutional
investors at a price of 2275p per share, on behalf of certain
directors and employees of Transense.
The following Transense directors have today exercised options as
follows:
Number of Exercise Number of Number of
options price options options
before (pence) exercised after
exercise exercise
JAH Perry 250,000 100 250,000 -
150,000 1410 - 150,000
GD Eves 200,000 100 200,000 -
100,000 1410 - 100,000
30,000 2395 - 30,000
HG Pearl 100,000 100 100,000 -
10,000 2395 - 10,000
AB Baldry 50,000 100 50,000 -
5,000 2395 - 5,000
A Lonsdale 50,000 100 50,000 -
5,000 2395 - 5,000
Total 950,000 650,000 300,000
Following the exercise of options and the subsequent disposal of
ordinary shares in Transense by certain directors of Transense,
the beneficial interests of those directors in the ordinary
shares of Transense are now as follows:
Holding Holding Percentage Percentage
before after held held
exercise exercise before after
and and exercise exercise
placing placing and and
placing placing
JAH Perry 443,413 557,313 3.8% 4.5%
GD Eves - 91,100 - 0.7%
HG Pearl 10,000 55,600 0.1% 0.5%
AB Baldry - 22,800 - 0.2%
A Lonsdale* 675,409 673,209 5.7% 5.4%
Total 1,128,822 1,400,022 9.6% 11.3%
* A Lonsdale's interest in Transense ordinary shares arises
partially through Sensor Technology Limited, a company jointly
owned by Anthony Lonsdale and his brother Bryan Lonsdale.
Save for the condition relating to admission of the new ordinary
shares in Transense to trading on the Alternative Investment
Market ('AIM') of London Stock Exchange plc, all the remaining
conditions of the placing have been satisfied or waived.
Enquiries:
Transense Technologies plc
Jim Perry, Chief Executive 01869 238 030
HSBC Investment Bank plc
John Mellett
Graeme Bayley 020 7336 9000
Clerkenwell Communications
John Coyle 020 7713 0900
0370 687 370
07699 727 796 (pager)