Seeing Machines Limited Director/PDMR Shareholding (3402S)
March 08 2023 - 10:33AM
UK Regulatory
TIDMSEE
RNS Number : 3402S
Seeing Machines Limited
08 March 2023
Seeing Machines Limited ("Seeing Machines" or the "Company")
8 March 2023
PDMR / Director Dealing
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 on 7 March 2023, Istabraq Pty Limited
(Katmai Investments A/C), a person closely associated with the
Company's Chief Financial Officer, Martin Ive, purchased a total of
500,000 ordinary shares ("Ordinary Shares") in the Company at a
price of 7.05 pence per Ordinary Share. In addition, on 8 March
2023, Martin Ive purchased 50,000 ordinary shares in Seeing
Machines at a price of 7.06 pence per Ordinary Share.
Following this purchase, Mr Ive is now beneficially interested
in 5,000,000 Ordinary Shares, representing 0.1 per cent. of the
issued share capital of the Company.
The Notification of Dealing Form required in accordance with UK
MAR is set out below.
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
Fred Walsh
Ben Burnett
Dentons Global Advisors (Media Enquiries)
James Styles
Jonathon Brill
seeingmachines@dentonsglobaladvisors.com +44 20 7664 5095
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: Istabraq Pty Limited (Katmai
Investments A/C)
------------------------------------- --------------------------------
Reason for the notification
-----------------------------------------------------------------------
a) Position/Status: A person closely associated
with the Company's Chief
Financial Officer, Martin
Ive
------------------------------------- --------------------------------
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)
7.05 Pence 500,000
----------
------------------------------------- --------------------------------
d) Aggregated information: N/A - single transaction
* Aggregated volume as above
* Price
------------------------------------- --------------------------------
e) Date of the transaction: 7 March 2023
------------------------------------- --------------------------------
f) Place of the transaction: London Stock Exchange
------------------------------------- --------------------------------
Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Martin Ive
------------------------------------- --------------------------------
Reason for the notification
-----------------------------------------------------------------------
a) Position/Status: Chief Financial Officer
------------------------------------- --------------------------------
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)
7.06 Pence 50,000
----------
------------------------------------- --------------------------------
d) Aggregated information: N/A - single transaction
* Aggregated volume as above
* Price
------------------------------------- --------------------------------
e) Date of the transaction: 8 March 2023
------------------------------------- --------------------------------
f) Place of the transaction: London Stock Exchange
------------------------------------- --------------------------------
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END
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