Transaction in Own Shares & TVR

Transense Technologies PLC

02 February 2024

 

2 February 2024

Transense Technologies plc

("Transense" or "the Company")

Transaction in own shares

Change to Total Voting Rights

Transense Technologies plc, the provider of specialist sensing solutions and measurement systems, announces that on 2 February 2024, the Company purchased 70,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 98.5 pence per share. These shares will be held in treasury for the time being to satisfy share option awards in the future.

Following these transactions, the total number of Ordinary Shares held as treasury shares by the Company is 1,082,856. 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 15,354,884 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:	2 February 2024
Investment firm	Shard Capital Stockbrokers
Venue	London Stock Exchange
Number of ordinary shares purchased	70,000
Volume-weighted average price, pence	98.5
Highest price paid (per ordinary share), pence	98.5
Lowest price paid (per ordinary share), pence	98.5

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) Stefano Aquilino / Tony Quirke (Sales & Corporate Broking)	Tel: [phone]
Walbrook PR Tom Cooper/Nick Rome / Joseph Walker	Tel: [phone] [e-mail]

Notes to Editors:

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, automotive (high performance and off-road) and complex machine control.

The Group'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].

Schedule of Purchases - Individual Transactions

Number of Shares	Price Per Share (pence)	Trading Venue	Date of Transaction	Time of transaction
70,000	98.5	London Stock Exchange	2 February 2024	14:12:33

 

END