18 June 2024
Transense Technologies plc
("Transense" or the
"Company")
Director/PDMR shareholding - acquisition of
shares
Transense Technologies plc, the provider of
specialist sensor technology and measurement systems, has been
notified that on 17 June 2024, Ryan Maughan, Managing
Director, purchased 3,946 ordinary shares of 10 pence each in the
Company ("Ordinary Shares") at a price of 126.5 pence per
share. Accordingly, Ryan Maughan's total beneficial
shareholding in the Company has increased to 59,300 Ordinary
Shares, which represents approximately 0.39% of the Company's
current voting rights.
Further details are provided in the form 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
Nigel Rogers (Executive
Chairman)
Melvyn Segal (Chief Financial
Officer)
Ryan Maughan (Managing
Director)
|
Via
Walbrook PR
|
Allenby Capital (Nominated Adviser
and Broker)
Jeremy Porter/George Payne (Corporate
Finance)
Stefano Aquilino/Tony Quirke (Sales
and Corporate Broking)
|
Tel: +44
(0)20 3328 5656
|
Walbrook PR
Tom Cooper/Nick Rome/Joesph
Walker
|
Tel: +44
(0)20 7933 8780
Transense@walbrookpr.com
|
Notes to Editors:
Transense is a developer of
specialist sensor technology and measurement systems. The
Company has two active business divisions:
·
Translogik a range of smart, connected tyre
inspection and management equipment, used by leading tyre
manufacturers, dealers and fleet operators to reduce costs and
improve safety; and
·
SAWsense, developing Surface Acoustic Wave (SAW)
sensor technology, to improve performance, reliability and
efficiency in focus markets of aerospace, automotive, robotics and
industrial machinery.
In addition, the Company earns
residual royalty income from Bridgestone iTrack (new branding name
for iTrack), a tyre condition and performance monitoring system,
that was developed by Translogik and subsequently licensed to
Bridgestone Corporation for a ten year period in 2020, expiring in
2030.
The Group's strategy is to maximise
shareholder value through the delivery of sustained revenue growth
from its business divisions by leveraging excellence in innovation
and know-how to commercialise technologies through 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
|
Managing 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
instrument, type of instrument
|
Ordinary Shares of 10 pence
each
|
|
|
Identification code
|
GB00BDHDTH21
|
|
|
b)
|
Nature of the
transaction
|
Purchase of Ordinary Shares
|
c)
|
Price and volume
|
Price: 126.5 pence per
share
Volume: 3,946
|
d)
|
Aggregated information
|
|
- Aggregated volume
|
As above
|
- Price
|
|
|
|
e)
|
Date of the transaction
|
17 June 2024
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|