Director/PDMR Shareholding

RNS Number : 5673E

Transense Technologies PLC

06 November 2020

 

6 November 2020

Transense Technologies plc

("Transense" or the "Company")

Director/PDMR shareholding - acquisition of shares

Transense Technologies plc, the provider of specialist sensor systems, has been notified that Nigel Rogers, Executive Chairman of the Company, has today purchased 25,000 ordinary shares in the Company at 56.5p per share through his SIPP. Accordingly, Nigel Rogers' total beneficial shareholding in the Company has increased to 175,000 ordinary shares, which represents 1.07% per cent. of the issued share capital.

Further details and the information required in accordance with the requirements of EU Market Abuse Regulation No 596/2014 are set out at the end of this announcement.

For further information please contact:

Transense Technologies plc	Tel: [phone]
Nigel Rogers, Executive Chairman
Melvyn Segal, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser and Broker)	Tel: [phone]
Jeremy Porter / James Reeve / Asha Chotai - Corporate Finance Tony Quirke - Sales

About Transense Technologies plc:

Based in Oxfordshire, UK, Transense has developed highly specialised sensor systems and supporting technology for use in a variety of diverse high growth markets.

It's iTrack technology, used for monitoring the tyre and vehicle performance of heavy duty off-road vehicles, was licensed to Bridgestone Corporation for a ten year term commencing in June 2020.

Transense's Surface Acoustic Wave (SAW) sensors are wireless and battery-less, and are used in the real-time measurement of torque, temperature and pressure to improve power, performance and efficiency. This patent-protected technology offers significant advantages over alternative measurement tools, and is particularly targeted towards the avionics, specialised automotive, green energy and industrial markets.

It's Translogik probe range comprises highly accurate tyre testing equipment which enables rapid data capture aimed at fleet managers and tyre service providers.

Further details are available at www.transense.com.

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	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: 56.5 pence per share Volume: 25,000
d)	Aggregated information
	- Aggregated volume	As above
	- Price
e)	Date of the transaction	6 November 2020
f)	Place of the transaction	London Stock Exchange, AIM

 

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