01 August 2012 |
Transense Technologies PLC
("the Company")
Holding in Company
Transense Technologies plc (the "Company") received notification today that, following the issue of the Second Placing Shares, Mr. & Mrs. P. Lobbenberg are directly and indirectly interested in 32,961,703 ordinary shares of 1 pence each, representing 16.89% of the ordinary issued share capital of the Company.
For further information, please contact:
Transense Technologies plc |
Tel: +44 (0) 1869 238 380 |
Graham Storey, Chief Executive |
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N+1 Brewin - Nominated Adviser |
Tel: +44 (0)20 3201 3710 |
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Hybridan LLP - Broker |
Tel: +44 (0) 20 7947 4350 |
Claire Noyce / Deepak Reddy |
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Newgate Threadneedle |
Tel: +44 (0) 20 7653 9850 |
Caroline Evans-Jones / Robyn McConnachie |
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Notes to Editors
About Transense Technologies
Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems for use in diverse high growth markets. Developed in conjunction with partners including McLaren Electronic Systems and General Motors, Transense's Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Via two wholly owned divisions, IntelliSAW and Translogik, Transense is targeting the high growth global electrical Smart Grid applications market and the transport industry respectively.
Transense's sensors are also being used in the wind turbine monitoring industry. The Company is part of a consortium of nine companies ("IntelWind") that has begun development on a major EU funded project to improve the efficiency of wind turbines.
Transense's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM: TRT).