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| Date | 19 Dec 2022 |
| Time | 18:22:59 |
| Category | Director/PDMR dealings |
| ID | 2354K |
19 December 2022
Transense Technologies plc
("Transense" or the "Company")
Director/PDMR shareholding
Transense Technologies plc (AIM: TRT), the developer of specialist sensor systems, has been notified that Nigel Rogers, Executive Chairman of the Company, between 16 and 19 December 2022 undertook a sale and repurchase of 10,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") to migrate part of his current shareholding into his own ISA. Accordingly, Nigel Rogers' total beneficial shareholding in the Company remains unchanged at 250,000 Ordinary shares, which represents 1.58% 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: 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, electric motors & drives, industrial machinery and performance automotive. The Company '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
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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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Nigel Rogers |
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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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Executive Chairman |
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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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Sale of Ordinary Shares |
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c) |
Price and volume |
Price: 87 pence per share
Volume: 10,000 |
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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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16 December 2022 to 19 December 2022 |
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f)
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Place of the transaction
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London Stock Exchange, AIM |
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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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Nigel Rogers |
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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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Executive Chairman |
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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: 89.2 pence per share
Volume: 10,000 |
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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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16 December 2022 to 19 December 2022 |
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f)
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Place of the transaction
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London Stock Exchange, AIM |