27 September 2024
Transense Technologies
plc
("Transense", the "Company" or the "Group")
Holding(s) in
Company
Transense Technologies plc (AIM:
TRT), the provider of specialist sensor systems, announces that
further to the shareholding announcement of 24 May 2024 where Doxa
Partners LLP held 5.09 per cent of the voting rights in the
Company, the Company was yesterday informed by Doxa Partners LLP
that it currently holds 833,845 ordinary shares in Transense,
representing 5.48 per cent of the Company, but now held in the name
of Axia Investments Limited. In addition, this shareholding
is no longer notifiable by Privium Fund Management (UK) Ltd as per
the 24 May 2024 announcement as Doxa Partners LLP is no longer an
appointed representative of Privium Fund Management (UK)
Ltd.
For further information please visit
www.transense.com or contact:
|
Transense Technologies plc
Nigel Rogers (Executive
Chairman)
Ryan Maughan (Managing
Director)
Melvyn Segal (Chief Financial
Officer)
|
Via Investor Relations
(see below)
|
|
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
|
|
Investor Relations
Anice McNamee
|
Tel: +44 (0)1869 238380
investor.relations@transense.co.uk
|
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/