Posting of Annual Report & Notice of AGM

21 October 2024

Transense Technologies plc

("Transense", the "Company" or the "Group")

Posting of Annual Report and Notice of AGM

Transense Technologies plc (AIM: TRT), the provider of specialist sensor systems, will today post to shareholders the Company's annual report and accounts for the year ended 30 June 2024 and a circular containing notice of the Company's annual general meeting ("AGM") and form of proxy.

The AGM will be held on 27 November 2024 at 3:30pm at 1 Landscape Close, Weston-on-the-Green, Bicester, Oxfordshire, OX25 3SX.

Shareholders wishing to attend in person are invited to arrive at 2pm, and will be offered the opportunity to view the Company's facilities following its recent reconfiguration, and meet informally with management.  Those wishing to attend are requested to register at [email protected] as soon as possible, and no later than 5pm on 25 November 2024. 

As numbers will be limited, this may need to be restricted by invitation on a first come, first served basis, and those able to attend in person wil be confirmed by reply email. 

In order to allow shareholders to follow the proceedings of the AGM without attending in person, the Company will provide access online via the Investor Meet Company platform. Shareholders are invited to submit questions for the Board to consider. Questions can be pre submitted via the Investor Meet Company platform up until 9am the day before the meeting and can be submitted at any time during the AGM itself.

Shareholders will not be able to vote online and are requested to submit their votes via proxy as early as possible. Shareholders that wish to attend the online AGM should register for the event in advance by using the following link: https://www.investormeetcompany.com/transense-technologies-plc/register

Investors who already follow TRANSENSE TECHNOLOGIES PLC on the Investor Meet Company platform will automatically be invited.

The Annual Report and Accounts and Notice of AGM will be available later today on the Company's website: www.transense.com.

For further information please visit www.transense.com or contact:

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/