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| Date | 28 Feb 2022 |
| Time | 07:00:10 |
| Category | Director/PDMR dealings |
| ID | 9383C |
Transense Technologies plc
("Transense" or the "Company")
Director/PDMR shareholding - acquisition of shares
Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, has been notified that on 24 February 2022 Ryan Maughan, Business Development Director of the Company, purchased 5,912 ordinary shares in the Company at 84.4p per share. Accordingly, Ryan Maughan's total beneficial shareholding in the Company has increased to 18,363 ordinary shares, which represents 0.112% of the issued share capital.
Further details are provided in the forms below in accordance with the requirements of the UK Market Abuse Regulation.
For further information please visit www.transense.com or contact:
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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 [email protected]
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Ryan Maughan |
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2
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Reason for the notification |
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a)
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Position/status
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Business Development Director |
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b)
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Initial notification /Amendment
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Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Transense Technologies plc |
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b)
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LEI
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2138005N52J6KKQ3EY67 |
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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
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a)
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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 |
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c) |
Price and volume |
Price: 84.4 pence per share
Volume: 5,912 |
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d)
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Aggregated information |
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- Aggregated volume |
As above |
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- Price |
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e)
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Date of the transaction
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24 February 2022 |
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f)
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Place of the transaction
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London Stock Exchange, AIM |