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Response to share price movement

17th Oct 2008 07:30

RNS Number : 0721G
Transense Technologies PLC
17 October 2008
 



TRANSENSE TECHNOLOGIES PLC ('Transense' or the 'Company')

17 October 2008

Response to share price movement

 

 

The Board of Transense has noted the recent decline in its share price and would like to advise the market that they are not aware of any operational or company specific reason for the fall. The Company has in excess of three million pounds in cash, which is in line with budgeted cashflow and continues its dialogue with a number of third parties for the development of its technology.

 

Contact:

Transense Technologies plc 

Norman Smith / Melvyn Segal 01869 238 380

Brewin Dolphin Investment Banking

Neil Baldwin 0113 241 0126

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Transense
FTSE 100 Latest
Value8,188.03
Change-286.71