Transense Technologies PLC (GB:TRT) has released an update.
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Transense Technologies PLC has announced that Managing Director Ryan Maughan increased his stake in the company by purchasing 8,812 additional shares, bringing his total ownership to 0.44% of the voting rights. This acquisition, signaling confidence from the managing director, coincides with the company’s ongoing success in providing advanced sensor solutions and measurement systems to major industries. Transense continues to serve top-tier customers in aerospace, automotive, and industrial sectors, while also earning royalty income from a deal with Bridgestone for tire monitoring technology.
For further insights into GB:TRT stock, check out TipRanks’ Stock Analysis page.
