TIDMSEE

RNS Number : 0377D

Seeing Machines Limited

28 February 2022

Seeing Machines Limited

28 February 2022

Director Share Purchases

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, announces that it has been notified that two non-executive directors have purchased ordinary shares in the Company.

Catherine Jane Hill (Kate Hill) the Company's Chair, has purchased 400,000 ordinary shares in the Company at a price of 7.2 pence each on 25 February 2022. Following this transaction, Ms Hill has an interest in 3,400,000 Ordinary Shares, representing 0.08% of the issued share capital of the Company.

Nanjop Pty Ltd (The Murring Family A/C), a person closely associated with Non-Executive Director, John Murray, has purchased 200,000 ordinary shares in the Company at a price of 7.35 pence each on 25 February 2022. Following this transaction, Mr Murray has an interest in 632,291 Ordinary Shares, representing 0.02% 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 
 
 

The person responsible for arranging the release of this announcement on behalf of Seeing Machines is Sophie Nicoll, Corporate Communications.

About Seeing Machines (LSE: 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

 
 11   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                      Catherine Jane Hill 
     -----------------------------------------  ---------------------------- 
      Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                           Non-Executive Chair 
     -----------------------------------------  ---------------------------- 
 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 instrument,   Ordinary shares of nil 
       type of                                    par value 
 
                                                  ISIN: AU0000XINAJ0 
       Identification Code 
     -----------------------------------------  ---------------------------- 
 b)   Nature of the transaction:                 Purchase of Ordinary Shares 
     -----------------------------------------  ---------------------------- 
 c)   Price(s) and volume(s):                      Price(s)     Volume(s) 
                                                    7.2 pence    400,000 
                                                                ---------- 
                                                    Total        400,000 
                                                                ---------- 
     -----------------------------------------  ---------------------------- 
 d)   Aggregated information:                     Aggregate       Volume(s) 
        *    Aggregated volume:                     Total 
                                                   GBP28,800.00    400,000 
                                                                  ---------- 
        *    Price: 
     -----------------------------------------  ---------------------------- 
 e)   Date of the transaction:                   2022-02-25 
     -----------------------------------------  ---------------------------- 
 f)   Place of the transaction:                  London Stock Exchange 
     -----------------------------------------  ---------------------------- 
 
 
 11   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                      Nanjop Pty Ltd (The Murring 
                                                  Family A/C) 
     -----------------------------------------  --------------------------------- 
      Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status:                           A person closely associated 
                                                  with John Murray, Non-Executive 
                                                  Director 
     -----------------------------------------  --------------------------------- 
 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 instrument,   Ordinary shares of nil 
       type of                                    par value 
 
                                                  ISIN: AU0000XINAJ0 
       Identification Code 
     -----------------------------------------  --------------------------------- 
 b)   Nature of the transaction:                 Purchase of Ordinary Shares 
     -----------------------------------------  --------------------------------- 
 c)   Price(s) and volume(s):                      Price(s)      Volume(s) 
                                                    7.35 pence    200,000 
                                                                 ---------- 
                                                    Total         200,000 
                                                                 ---------- 
     -----------------------------------------  --------------------------------- 
 d)   Aggregated information:                     Aggregate       Volume(s) 
        *    Aggregated volume:                     Total 
                                                   GBP14,700.00    200,000 
                                                                  ---------- 
        *    Price: 
     -----------------------------------------  --------------------------------- 
 e)   Date of the transaction:                   2022-02-25 
     -----------------------------------------  --------------------------------- 
 f)   Place of the transaction:                  London Stock Exchange 
     -----------------------------------------  --------------------------------- 
 

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END

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February 28, 2022 06:45 ET (11:45 GMT)

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