Transense Technologies PLC Awards of Options (9020I)
13 Agosto 2019 - 8:45AM
UK Regulatory
TIDMTRT
RNS Number : 9020I
Transense Technologies PLC
13 August 2019
Transense Technologies plc
("Transense" or the "Company")
Award of Options
Transense Technologies plc, the provider of sensor systems for
the industrial, mining and transportation markets, announces that
it has today issued options over 780,000 ordinary shares (the
"Options"), under the Transense 2019 Enterprise Management
Incentive Option Scheme (the "Scheme"), to Graham Storey, David
Ford and Melvyn Segal, the Company's Executive Directors.
The Options provide the right to subscribe for 780,000 ordinary
shares of 10 pence each ("Ordinary Shares") at an exercise price of
GBP0.75 per Ordinary Share subject to the Company's share price
reaching GBP2.00 and first vesting two years after grant. The
Options are granted for a maximum period of 10 years and will
expire 13 August 2029.
Details of the Options award is set out below:
Executive Directors New Options Exercise
Price
D Ford 330,000 GBP0.75
------------ ------------
G Storey-Macintosh 280,000 GBP0.75
------------ ------------
M Segal 170,000 GBP0.75
------------ ------------
Total 780,000
------------
The Remuneration Committee resolved to grant these Options on
the terms set out above. The exercise price was determined by the
Remuneration Committee.
For further information please visit www.transense.co.uk or
contact:
Transense Technologies plc Tel: +44 (0) 1869
Graham Storey, Chief Executive 238380
finnCap Tel: +44 (0) 20 7220
Ed Frisby, Giles Rolls, Matthew Radley 0500
(Corporate Finance)
Tim Redfern, Tim Harper (ECM)
IFC Advisory Tel: +44 (0) 20 3934
Tim Metcalfe, Graham Herring, Heather 6630
Armstrong
About Transense Technologies
Based in Oxfordshire, UK, Transense has developed
patent-protected sensor systems and supporting technology for use
in a variety of diverse high growth markets. The Directors believe
that Transense's Surface Acoustic Wave (SAW), wireless,
battery-less, sensor systems offer advantages over legacy wireless
sensor systems. Transense is targeting the transport and mining
industries, and the global torque, temperature and pressure sensing
markets, via its trading divisions, Translogik and SAWSense.
www.transense.co.uk
Transense's shares are admitted to trading on AIM (AIM:
TRT).
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Ford
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Chairman
------------------------------- ----------------------------------
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 Ordinary Shares of 10 pence each
Financial instrument,
type of instrument
Identification code GB00BDHDTH21
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
75p 330,000
----------
------------------------------- ----------------------------------
d) Aggregated information:
* Aggregated volume See 4c) above
* Price
------------------------------- ----------------------------------
e) Date of the transaction 13 August 2019
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Graham Storey-Macintosh
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status CEO
------------------------------- ----------------------------------
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 Ordinary Shares of 10 pence each
Financial instrument,
type of instrument
Identification code GB00BDHDTH21
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
75p 280,000
----------
------------------------------- ----------------------------------
d) Aggregated information:
* Aggregated volume See 4c) above
* Price
------------------------------- ----------------------------------
e) Date of the transaction 13 August 2019
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Melvyn Segal
------------------------------- ----------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status FD
------------------------------- ----------------------------------
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 Ordinary Shares of 10 pence each
Financial instrument,
type of instrument
Identification code GB00BDHDTH21
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
75p 170,000
----------
------------------------------- ----------------------------------
d) Aggregated information:
* Aggregated volume See 4c) above
* Price
------------------------------- ----------------------------------
e) Date of the transaction 13 August 2019
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
------------------------------- ----------------------------------
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END
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