Seeing Machines Limited Director/PDMR Shareholding (2292U)
December 01 2021 - 6:59AM
UK Regulatory
TIDMSEE
RNS Number : 2292U
Seeing Machines Limited
01 December 2021
Seeing Machines Limited
1 December 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 29 November 2021 that Lombard Odier Asset
Management (Europe) Limited, a person closely associated with the
Company's Non-Executive Director, Michael Brown, purchased 500,000
ordinary shares in the Company at a price of 10.2 pence each on 29
November 2021.
Following this transaction, Lombard Odier Asset Management
(Europe) Limited has an interest in 692,816,762 Ordinary Shares,
representing 16.7% of the issued share capital of the Company.
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
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Reason for the notification
-----------------------------------------------------------------------
a) Position/Status: A person closely associated
with the Company's Non-Executive
Director, Michael Brown
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b) Initial notification/Amendment: Initial notification
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: Seeing Machines Limited
---------------------------------- -----------------------------------
b) LEI: 549300LNJJPZ2SU7A197
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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)
10.2 pence 500,000
----------
Total 500,000
----------
---------------------------------- -----------------------------------
d) Aggregated information: Aggregate Volume(s)
* Agrregated volume Total
GBP51,000 500,000
----------
* Price
---------------------------------- -----------------------------------
e) Date of the transaction: 2021-11-29
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f) Place of the transaction: London Stock Exchange
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END
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