TRANSENSE TECHNOLOGIES PLC — Remuneration Information 2017

Jun 27, 2017

National Storage Mechanism | Additional information

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RNS Number : 2107J

Transense Technologies PLC

27 June 2017

27 June 2017

Transense Technologies PLC

("Transense" or the "Company")

Award of options

Transense Technologies plc (AIM: TRT),  announces that on 26 June 2017 it issued options over 470,000 ordinary shares of 50p each (the "Options") under the Transense 2017 Enterprise Management Incentive Option Scheme (the "Scheme") to Graham Storey, David Ford and Melvyn Segal, the Company's Executive Directors. At the same time options issued in December 2011 and August 2012 totalling 220,000 were waived by Graham Storey, David Ford and Melvyn Segal.

The Options provide the right to subscribe for 220,000 ordinary shares of 50 pence each ("Ordinary Shares") at an exercise price of £0.75 per Ordinary Share if the Company's share price reaches £1.50 expiring in June 2022 and the right to subscribe for 250,000 Ordinary Shares at an exercise price of £1.00 if the Company's share price reaches £2.00 expiring in June 2027.

The full details of the Options are set out below:

Executive Directors	Options Waived	New Options	Exercise Price
D Ford	70,000	70,000	£0.75
G Storey-Macintosh	120,000	120,000	£0.75
M Segal	30,000	30,000	£0.75
Total	220,000	220,000
Executive Directors	New Options	Exercise Price
D Ford	100,000	£1.00
G Storey-Macintosh	100,000	£1.00
M Segal	50,000	£1.00
Total	250,000

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 Graham Storey, Chief Executive	Tel: +44 1869 238 380
finnCap Ed Frisby, Giles Rolls (Corporate Finance) Tony Quirke, Alice Lane (Corporate Broking)	Tel: +44 20 7220 0500
IFC Advisory Tim Metcalfe, Graham Herring, Heather Armstrong	Tel: +44 20 3053 8671

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Transense Technologies Plc

b)

LEI

n/a

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 Financial instrument, type of instrument

Ordinary shares of 50 pence

Identification code

GB00BDHDTH21

b)

Nature of the transaction

Grant of Options over Ordinary Shares

c)

Price(s) and volume(s)

Exercise Price(s)	Volume(s)
75p	70,000
100p	100,000

d)

Aggregated information:

·      Aggregated volume

·      Price

See above

e)

Date of the transaction

26 June 2017

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Transense Technologies Plc

b)

LEI

n/a

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 Financial instrument, type of instrument

Ordinary shares of 50 pence

Identification code

GB00BDHDTH21

b)

Nature of the transaction

Grant of Options over Ordinary Shares

c)

Price(s) and volume(s)

Exercise Price(s)	Volume(s)
75p	120,000
100p	100,000

d)

Aggregated information:

·      Aggregated volume

·      Price

See above

e)

Date of the transaction

26 June 2017

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Transense Technologies Plc

b)

LEI

n/a

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 Financial instrument, type of instrument

Ordinary shares of 50 pence

Identification code

GB00BDHDTH21

b)

Nature of the transaction

Grant of Options over Ordinary Shares

c)

Price(s) and volume(s)

Exercise Price(s)	Volume(s)
75p	30,000
100p	50,000

d)

Aggregated information:

·      Aggregated volume

·      Price

See above

e)

Date of the transaction

26 June 2017

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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