Director/PDMR Shareholding - acquisition of shares

RNS Number : 7262Q

Transense Technologies PLC

22 February 2023

 

Transense Technologies plc

("Transense" or the "Company")

Director/PDMR shareholding - acquisition of shares

Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, has been notified that Melvyn Segal, Chief Financial Officer of the Company, has today purchased 5,000 ordinary shares in the Company at 87.7p per share. Accordingly, Melvyn Segal's total beneficial shareholding in the Company has increased to 55,000 ordinary shares, which represents 0.35% 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 is headquartered in Oxfordshire, UK and its shares are traded on AIM, a market operated by the London Stock Exchange (AIM: TRT). The Company develops and supplies wireless sensor technology and systems, and currently has three business segments:

SAW - patent protected Surface Acoustic Wave sensor technology that provides real time measurement of torque, temperature, pressure and strain, and is used to improve efficiency, performance, safety and sustainability of propulsion systems and machinery.  Current focus is the development of a pipeline of high calibre customers and collaborative partnerships for a variety of applications in electric drives, aerospace, industrial machinery (including off-highway and robotics) and high performance automotive sectors.

Translogik - smart, connected commercial vehicle tyre inspection equipment, used by vehicle fleets to more easily gather and maintain accurate tyre safety and condition data; and,

iTrack - a tyremonitoring system for off-highway vehicles, licensed exclusively to Bridgestone Corporation, the world's largest tyre producer, under a ten-year deal expiring in 2030.

For further information please contact [e-mail]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Melvyn Segal
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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: 87.7 pence per share Volume: 5,000
d)	Aggregated information
	- Aggregated volume	As above
	- Price
e)	Date of the transaction	22 February 2023
f)	Place of the transaction	London Stock Exchange, AIM

 

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