10 October 2024
Transense Technologies plc
("Transense" or the
"Company")
Director/PDMR shareholding -
acquisition of shares
Transense Technologies plc (AIM:
TRT), the provider of specialist sensor technology and measurement
systems, has been notified that on 9 October 2024, Ryan Maughan,
Managing Director, purchased 8,812 ordinary shares of 10 pence each
in the Company ("Ordinary Shares"). Accordingly, Ryan Maughan's
total beneficial shareholding in the Company has increased to
68,112 Ordinary Shares, which represents approximately 0.44% 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 https://www.transense.com
or contact:
|
Transense
Technologies plc
Nigel Rogers (Executive Chairman)
Melvyn Segal (Chief Financial Officer)
|
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 headquartered in
Oxfordshire, UK and its shares are traded on AIM, a market operated
by the London Stock Exchange (AIM: TRT). The Company develops and
supplies advanced sensor technology and measurement solutions used
by some of the world's leading companies to improve performance,
efficiency, and safety in demanding, mission critical applications.
Transense currently operates through two active business
segments:
·
SAWsense - designs, supplies and
licences advanced sensor
solutions based on proven, patent protected Surface Acoustic Wave
(SAW) technology to world leading companies in aerospace,
automotive, and industrial machinery (including robotics), enabling
improved efficiency and performance of their products. Key
customers include GE Aerospace, Parker Meggitt, McLaren Applied,
Airbus and several other confidential Tier One automotive,
aerospace and industrial machinery suppliers.
·
Translogik - develops smart, connected commercial
vehicle tyre inspection equipment to many of the world's leading
tyre suppliers, fleet operators and service centres. Enabling accurate measurement
and digital capture of safety-critical tyre condition data, used to
reduce operating costs, improve safety and provide audit records
for regulatory compliance. Key customers include Bridgestone,
Goodyear, Continental and Prometeon (Pirelli), and leading
independent providers of vehicle fleet maintenance management
software.
In addition, Transense earns
residual royalty income from Bridgestone iTrack - a tyre monitoring
system for off-highway vehicles that was developed by Translogik.
The associated sales, support and development infrastructure were
sold to Bridgestone Corporation, the world's largest tyre producer,
in June 2020, and the intellectual property was licensed
exclusively to Bridgestone under a ten-year deal expiring in
2030.
Find out more at:
https://www.transense.com/
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
|
1
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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)
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Name
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Transense Technologies plc
|
|
b)
|
LEI
|
2138005N52J6KKQ3EY67
|
|
4
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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
|
|
|
|
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Identification code
|
GB00BDHDTH21
|
|
|
|
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b)
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Nature of the
transaction
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Purchase of Ordinary Shares
|
|
c)
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Price and volume
|
|
Price(s)
|
Volume(s)
|
|
159
|
1,253
|
|
159
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1,253
|
|
158.45
|
6,306
|
|
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d)
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Aggregated information
|
|
|
- Aggregated volume
|
As above
|
|
- Price
|
|
|
|
|
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e)
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Date of the transaction
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9 October 2024
|
|
f)
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Place of the transaction
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London Stock Exchange, AIM
|