Transense Technologies PLC Transaction in Own Shares & TVR (4442T)

TIDMTRT

RNS Number : 4442T

Transense Technologies PLC

20 March 2023

Transense Technologies plc

("Transense" or the "Company")

Transaction in own shares

Change to Total Voting Rights

Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, announces that the Company has purchased 50,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 85.7 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 654,027. 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 15,783,713 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:           1 0 March 2023 
                             --------------------------------------- 
 Investment firm              Shard Capital Stockbrokers 
                             --------------------------------------- 
 Venue                        London Stock Exchange 
                             --------------------------------------- 
 Number of ordinary shares 
  purchased                   5 0,000 
                             --------------------------------------- 
 Volume-weighted average 
  price, pence                8 5.7 
                             --------------------------------------- 
 Highest price paid (per 
  ordinary share), pence      8 5.7 
                             --------------------------------------- 
 Lowest price paid (per 
  ordinary share), pence      8 5.7 
                             ---------------------------------------

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                     Transense@walbrookpr.com 
 Notes to Editors: 
 
  Transense develops and supplies wireless sensor technology 
  and systems. The Company has three business areas: 
  Transense is a developer of specialist wireless sensor systems 
  used to enable real-time data gathering and monitoring. Products 
  include the patent protected Surface Acoustic Wave (SAW) sensor 
  technology, used to improve equipment power, performance, 
  reliability and efficiency; iTrack, Transense 's Tyre Pressure 
  Monitoring System, licensed to Bridgestone Corporation, the 
  world's largest tyre producer, under a ten-year deal in June 
  2020; and a range of intelligent tyre monitoring equipment 
  under the Translogik brand. Target sectors include aerospace, 
  electric motors & drives, industrial machinery and performance 
  automotive. 
  The Company 's strategy is to maximise shareholder value through 
  the delivery of sustained revenue growth from all three principal 
  technologies - SAW, iTrack and Translogik probes - through 
  leveraging excellence in innovation, know-how in commercialising 
  technologies, industry partnerships and exposure to global 
  growth markets. 
  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. www.transense.com . 
  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         1 0 March 
  5 0,000        8 5.7           Exchange             2023               16:0 3:21 
            ---------------  --------------  --------------------  --------------------

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March 20, 2023 03:00 ET (07:00 GMT)

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