Result of General Meeting and Placing

RNS Number : 0508J

Transense Technologies PLC

01 August 2012

 



1 August 2012

Transense Technologies plc

Results of General Meeting

Transense Technologies plc (AIM: TRT) ("Transense", the "Company" or the "Group") the AIM listed technology company that develops sensor systems for the automotive and industrial markets, announces that at the General Meeting of the Company held today, all resolutions were passed.

Further to the announcement of 29 June 2012, application has been made for the 5,559,496 ordinary shares (the "Second Placing Shares") to be admitted to AIM and this is expected to occur on 2 August 2012.

Following the admission to trading of the Second Placing Shares, the Company will have an issued share capital of 195,207,439 Ordinary Shares of 1 pence each.

For further information, please contact:

Transense Technologies plc	Tel: [phone]
Graham Storey, Chief Executive
N+1 Brewin - Nominated Adviser Aubrey Powell / Robert Beenstock	Tel: [phone]
Hybridan LLP - Broker	Tel: [phone]
Claire Noyce / Deepak Reddy
Newgate Threadneedle	Tel: [phone]
Caroline Evans-Jones / Robyn McConnachie

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).

www.transense.co.uk

 

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