Transense Technologies PLC Director/PDMR Shareholding (4614Z)

TIDMTRT

RNS Number : 4614Z

Transense Technologies PLC

12 January 2024

Transense Technologies plc

("Transense" or the "Company")

Director/PDMR shareholding - acquisition of shares

Transense Technologies plc, the provider of specialist sensing solutions and measurement systems, has been notified that Ryan Maughan, Business Development Director, on 11 January 2024, purchased 1,800 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 98 pence per share.

Accordingly, Ryan Maughan's total beneficial shareholding in the Company has increased to 31,807 Ordinary Shares, which represents approximately 0.21% of the Company's current voting rights.

Further details are provided in the forms below in accordance with the requirements of the UK Market Abuse Regulation.

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 and     Tel: +44 (0)20 3328 
  Broker)                                    5656 
  Jeremy Porter / George Payne (Corporate 
  Finance) 
  Stefano Aquilino / Tony Quirke (Sales & 
  Corporate Broking) 
 Walbrook PR                                Tel: +44 (0)20 7933 
  Tom Cooper/Nick Rome / Joseph Walker       8780 
                                             Transense@walbrookpr.com

Notes to Editors:

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, automotive (high performance and off-road) and complex machine control.

The Group'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.

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                              Ryan Maughan 
     --------------------------------  --------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                   Business Development Director 
     --------------------------------  --------------------------------- 
 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      Ordinary Shares of 10 pence each 
       instrument, type of instrument 
 
      Identification code               GB00BDHDTH21 
 
 b)   Nature of the transaction         Purchase of Ordinary Shares 
     --------------------------------  --------------------------------- 
 c)   Price and volume                  Price: 98 pence per share 
 
                                         Volume: 1,800 
     --------------------------------  --------------------------------- 
 d)   Aggregated information 
      - Aggregated volume               As above 
      - Price 
 
 e)   Date of the transaction           11 January 2024 
     --------------------------------  --------------------------------- 
 f)   Place of the transaction          London Stock Exchange, AIM 
     --------------------------------  ---------------------------------

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