11 January 2024
Transense Technologies plc
("Transense" or "the Company")
Transaction in own shares
Change to Total Voting Rights
Transense Technologies plc, the provider of specialist sensing solutions and measurement systems, announces that on 10 January 2024, the Company purchased 50,000 of its own ordinary shares of 10p each ("Ordinary Shares") at a price of 97.5 pence per share. These shares will be held in treasury for the time being to satisfy share option awards in the future.
Following these transactions, the total number of Ordinary Shares held as treasury shares by the Company is 1,012,856. 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 15,424,884 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: | 10 January 2024 |
| Investment firm | Shard Capital Stockbrokers |
| Venue | London Stock Exchange |
| Number of ordinary shares purchased | 50,000 |
| Volume-weighted average price, pence | 97.5 |
| Highest price paid (per ordinary share), pence | 97.5 |
| Lowest price paid (per ordinary share), pence | 97.5 |
For further information please visit www.transense.com or contact:
| Transense Technologies plc Nigel Rogers (Executive Chairman) Melvyn Segal (CFO) | Via Walbrook PR |
| Allenby Capital (Nominated Adviser and Broker) Jeremy Porter / George Payne (Corporate Finance) Stefano Aquilino / Tony Quirke (Sales & Corporate Broking) | Tel: +44 (0)20 3328 5656 |
| Walbrook PR Tom Cooper/Nick Rome / Joseph Walker | Tel: +44 (0)20 7933 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.
Schedule of Purchases - Individual Transactions
| Number of Shares | Price Per Share (pence) | Trading Venue | Date of Transaction | Time of transaction |
| 50,000 | 97.5 | London Stock Exchange | 10 January 2024 | 15:56:19 |
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