Transense Technologies PLC Transaction in own shares & TVR (9817J)

TIDMTRT

RNS Number : 9817J

Transense Technologies PLC

03 May 2022

Transense Technologies plc

("Transense", the "Group" or "the Company")

Transaction in own shares

& Total Voting Rights

Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, announces that further to the announcement on 22 February 2022, the Company has purchased 35,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 70 pence per share. These shares will be held in treasury for the time being to satisfy share option awards in the future.

Following this transaction, the total number of Ordinary Shares held as treasury shares by the Company is 90,000. 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 16,347,740 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:                 29 April 2022 
                                   --------------------------------------- 
 Investment firm                    Shard Capital Stockbrokers 
                                   --------------------------------------- 
 Venue                              London Stock Exchange 
                                   --------------------------------------- 
 Number of ordinary shares 
  purchased                         35,000 
                                   --------------------------------------- 
 Volume-weighted average 
  price, pence                      70 
                                   --------------------------------------- 
 Highest price paid (per 
  ordinary share), pence            70 
                                   --------------------------------------- 
 Lowest price paid (per ordinary 
  share), pence                     70 
                                   ---------------------------------------

For further information please visit www.transense.com or contact:

 
  Transense Technologies plc                 Via Walbrook PR 
    Nigel Rogers (Executive Chairman) 
    Melvyn Segal (CFO) 
   Allenby Capital (Nominated Adviser         Tel: +44 (0)20 3328 5656 
    and Broker) 
    Jeremy Porter / George Payne (Corporate 
    Finance) 
    Tony Quirke (Sales and Corporate 
    Broking) 
   Walbrook PR                                Tel: +44 (0)20 7933 8780 
    Tom Cooper/Nick Rome/Nicholas Johnson      Transense@walbrookpr.com 
      Notes to Editors: 
 
       Transense develops and supplies wireless sensor technology 
       and systems. The Company has three business areas: 
        *    SAW , patent protected Surface Acoustic Wave sensor 
             technology that provides real time measurement of 
             torque, temperature, pressure and strain, that is 
             used to improve efficiency, performance and safety of 
             propulsion systems and machinery; 
 
 
        *    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 tyre pressure monitoring system for 
             off-highway machinery, licensed exclusively to 
             Bridgestone Corporation, the world's largest tyre 
             producer, under a ten-year deal. 
 
 
       Target market sectors include automotive, aerospace and industrial 
       machinery. The Group's strategy is to leverage excellence 
       in innovation, know-how in wireless sensor technologies and 
       form industry partnerships in these global growth sectors 
       to maximise shareholder value through sustained revenue growth 
       from all three principal technologies - SAW, iTrack and Translogik. 
       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. 
       For further information please contact transense@walbrookpr.com

Schedule of Purchases - Individual Transactions

 
 Number of     Price Per      Trading Venue   Date of Transaction   Time of transaction 
   Shares     Share (pence) 
                              London Stock 
  35,000           70            Exchange        29 April 2022           16:15:31 
            ---------------  --------------  --------------------  --------------------

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END

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