Transense Technologies PLC Transaction in Own Shares (3547J)

TIDMTRT

RNS Number : 3547J

Transense Technologies PLC

26 April 2022

Transense Technologies plc

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

Transaction in own shares

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 70.5 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 55,000. 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 16,382,740 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:                22 April 2022 
Investment firm                   Shard Capital Stockbrokers 
Venue                             London Stock Exchange 
Number of ordinary shares 
 purchased                        35,000 
Volume-weighted average 
 price, pence                     70.5 
Highest price paid (per 
 ordinary share), pence           70.5 
Lowest price paid (per ordinary 
 share), pence                    70.5

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     70.5             Exchange      22 April 2022        15:56:56

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSSEFSWMEESEIL

(END) Dow Jones Newswires

April 26, 2022 11:59 ET (15:59 GMT)

Transense Technologies (AQSE:TRT.GB)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024