Seeing Machines Limited Director/PDMR Shareholding (7387T)
November 26 2021 - 4:59AM
UK Regulatory
TIDMSEE
RNS Number : 7387T
Seeing Machines Limited
26 November 2021
Seeing Machines Limited
26 November 2021
Director/PDMR Shareholding
Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the
"Company"), the advanced computer vision technology company that
designs AI-powered operator monitoring systems to improve transport
safety, was notified on 26 November 2021 that Lombard Odier Asset
Management (Europe) Limited, a person closely associated with the
Company's Non-Executive Director, Michael Brown, purchased
18,181,818 ordinary shares in the Company at a price of 11 pence
each on 24 November 2021.
Following this transaction, Lombard Odier Asset Management
(Europe) Limited has an interest in 692,316,762 Ordinary Shares,
representing 16.7%(1) of the issued share capital of the
Company.
1. Based on latest total issued share capital of 4,152,741,296
Ordinary Shares following the Fundraise announced on 23 November
2021. Shares from the Fundraise will admit to trading on 30
November 2021.
Enquiries:
Seeing Machines Limited +61 2 6103 4700
Paul McGlone - CEO
Sophie Nicoll - Corporate Communications
Stifel Nicolaus Europe Limited (Nominated
Adviser and Broker) +44 20 7710 7600
Alex Price
Nick Adams
Lionsgate Communications (Media Enquiries)
Jonathan Charles +44 7791 892509
About Seeing Machines (AIM: SEE), a global company founded in
2000 and headquartered in Australia, is an industry leader in
vision-based monitoring technology that enable machines to see,
understand and assist people. Seeing Machines' technology portfolio
of AI algorithms, embedded processing and optics, power products
that need to deliver reliable real-time understanding of vehicle
operators. The technology spans the critical measurement of where a
driver is looking, through to classification of their cognitive
state as it applies to accident risk. Reliable "driver state"
measurement is the end-goal of Driver Monitoring Systems (DMS)
technology. Seeing Machines develops DMS technology to drive safety
for Automotive, Commercial Fleet, Off-road and Aviation. The
company has offices in Australia, USA, Europe and Asia, and
supplies technology solutions and services to industry leaders in
each market vertical.
www.seeingmachines.com
Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Lombard Odier Asset Management
(Europe)
Limited
---------------------------------- -----------------------------------
Reason for the notification
-----------------------------------------------------------------------
a) Position/Status: A person closely associated
with the Company's Non-Executive
Director, Michael Brown
---------------------------------- -----------------------------------
b) Initial notification/Amendment: Initial notification
---------------------------------- -----------------------------------
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: Seeing Machines Limited
---------------------------------- -----------------------------------
b) LEI: 549300LNJJPZ2SU7A197
---------------------------------- -----------------------------------
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 Ordinary shares of nil par
instrument, type of value
Identification Code ISIN: AU0000XINAJ0
---------------------------------- -----------------------------------
b) Nature of the transaction: Purchase of Ordinary Shares
---------------------------------- -----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
11 pence 18,181,818
-----------
Total 18,181,818
-----------
---------------------------------- -----------------------------------
d) Aggregated information: Aggregate Volume(s)
* Agrregated volume Total
GBP1,999,999.98 18,181,818
-----------
* Price
---------------------------------- -----------------------------------
e) Date of the transaction: 2021-11-24
---------------------------------- -----------------------------------
f) Place of the transaction: London Stock Exchange
---------------------------------- -----------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHKQLBLFFLXFBZ
(END) Dow Jones Newswires
November 26, 2021 04:59 ET (09:59 GMT)
Seeing Machines (AQSE:SEE.GB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Seeing Machines (AQSE:SEE.GB)
Historical Stock Chart
From Jul 2023 to Jul 2024
