RNS Number : 7058M
Transense Technologies PLC
01 May 2024
 

1 May 2024

 

Transense Technologies plc

 ("Transense" or the "Company")

Director/PDMR shareholdings - acquisition of shares

Transense Technologies plc, the provider of specialist sensor technology and measurement systems, has been notified that on 30 April 2024, Nigel Rogers (Executive Chairman), Melvyn Segal (Chief Financial Officer), Ryan Maughan (Managing Director) and Stephen Parker (Non-Executive Director) purchased in aggregate 41,858 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at an average price of 100.63 pence per Ordinary Share.

 

Further details are provided in the forms at the end of this announcement in accordance with the requirements of the UK Market Abuse Regulation and summarised in the table below:

 

Name of Director

No. of Ordinary Shares purchased

Total no. of Ordinary Shares now held

Percentage of voting rights now held

Nigel Rogers

8,500

280,000

1.84%

Melvyn Segal

4,890

68,768

0.45%

Ryan Maughan

23,547

55,354

0.36%

Steve Parker

4,921

17,172

0.11%

 

 

 

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.

1

Details of the person discharging managerial responsibilities / person closely associated (PCA)

a)

Name

 

PDMRs:

Nigel Rogers

Executive Chairman

Melvyn Segal

Chief Financial Officer

Ryan Maughan

Managing Director

Stephen Parker

Non-Executive Director

 

PCAs:

Julie Rogers

PCA of Nigel Rogers

Jennie Maughan

PCA of Ryan Maughan

 

2

Reason for the notification

a)

Position/status

See 1a) above

b)

 

Initial notification /Amendment

Initial notification

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

Identification code

Ordinary Shares of 10 pence each


GB00BDHDTH21

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 

 

Name

Volumes

Price (pence)

Ryan Maughan

3,563

98

Jennie Maughan

9,992

100

Ryan Maughan

9,992

100

Steve Parker

4,921

101.5

Julie Rogers

5,950

101.9

Nigel Rogers

2,550

101.9

Melvyn Segal

4,890

102

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above 

e)

Date of the transaction

30 April 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

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