Transense Technologies PLC Exercise of warrants (0805J)
18 Agosto 2021 - 9:30AM
UK Regulatory
TIDMTRT
RNS Number : 0805J
Transense Technologies PLC
18 August 2021
Transense Technologies plc
("Transense" or the "Company")
Exercise of warrants and change to total voting rights
Transense Technologies plc, the provider of specialist sensor
systems, announces that it has received notice of exercise for
warrants to subscribe for 130,458 new ordinary shares of 10 pence
each in the Company ("Ordinary Shares") at a price of 60 pence per
new Ordinary Share. The warrants were issued as part of the broking
fees for the placing announced on 13 March 2019. There are no
further warrants over Ordinary Shares in issue.
Application has been made for the 130,458 new Ordinary Shares to
be admitted to trading on AIM ("Admission") and it is expected that
Admission will occur on or around 25 August 2021.
Upon Admission, the Company's issued share capital will consist
of 16,437,740 Ordinary Shares with one voting right each. The
Company does not hold any Ordinary Shares in treasury. Therefore,
the total number of Ordinary Shares and voting rights in the
Company will be 16,437,740. With effect from Admission, this figure
may be used by shareholders in the Company 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
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
For further information please visit www.transense.com or
contact:
Transense Technologies plc Via Walbrook PR
Nigel Rogers (Executive Chairman)
Melvyn Segal (CFO)
Allenby Capital (Nominated Adviser Tel: +44 (0)20 3328 5656
and Broker)
Jeremy Porter / George Payne (Corporate
Finance)
Tony Quirke (Sales and Corporate
Broking)
Walbrook PR Tel: +44 (0)20 7933 8780
Tom Cooper/Nick Rome/Nicholas Johnson 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 automotive, aerospace, industrial,
green energy, rail and marine.
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
.
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END
IOEGPURPRUPGGCR
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