Holding(s) in Company

RNS Number : 4504U

Transense Technologies PLC

29 July 2015

 

Transense Technologies plc

("Transense" or the "Company")

Holdings in Company

Transense Technologies plc (AIM: TRT) was notified on 28 July 2015 that following the placing and offer for subscription Mr. and Mrs. Lobbenberg's interest in ordinary shares in the Company will be 43,449,023 representing 9.2% of the enlarged voting rights.

For further information, please contact:

Transense Technologies plc	Tel: [phone]
Graham Storey, Chief Executive
finnCap Ed Frisby, Giles Rolls (corporate finance) Tony Quirke, Alice Lane (corporate broking)	Tel: [phone]
IFC Advisory	Tel: [phone]
Tim Metcalfe, Graham Herring

About Transense Technologies

Based in Oxfordshire, UK, Transense has developed patent-protected sensor systems for use in diverse high growth markets. Developed in conjunction with partners including McLaren Electronic Systems and General Motors, Transense's Surface Acoustic Wave (SAW), wireless, battery-less, sensor systems offer significant advantages over legacy wireless sensor systems. Via three wholly owned divisions, IntelliSAW,  Translogik and SAWSense, Transense is targeting the high growth global electrical Smart Grid applications market, the automotive and mining industries, and torque, temperature and pressure sensing markets respectively.

Transense's sensors are also being used in the wind turbine monitoring industry. The Company is part of a consortium of nine companies ("IntelWind") that has begun development on a major EU funded project to improve the efficiency and reliability of wind turbines.

Transense's shares are admitted to trading on AIM, a market operated by the London Stock Exchange (AIM: "TRT").

www.transense.co.uk

 

END

 

 

HOLEAFXNADDSEFF