REG - Seeing Machines Ltd - Director/PDMR Shareholding

Seeing MachinesAnnouncement

14/12/2021 10:30

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RNS Number : 5922V  Seeing Machines Limited  14 December 2021

 

Seeing Machines Limited

 

14 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 14 December
2021 that Lombard Odier Asset Management (Europe) Limited, a person closely
associated with the Company's Non-Executive Director, Michael Brown, purchased
350,000 Ordinary Shares in the Company at a price of 10.6 pence each on 10
December 2021.

 

Following this transaction, Lombard Odier Asset Management (Europe) Limited
has an interest in 694,756,762 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)                     +44 7791 892509

 Jonathan Charles

 

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 (http://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 instrument, type of  Ordinary shares of nil par value

      Identification Code                              ISIN: AU0000XINAJ0

 b)  Nature of the transaction:                        Purchase of Ordinary Shares
 c)  Price(s) and volume(s):                            Price(s)   Volume(s)

                                                 10.6 pence  65,000
                                                       10.6 pence  285,000

                                                 Total       350,000

 d)  Aggregated information:                            Aggregate Total   Volume(s)

                                                 £37,251.05         350,000
     ·      Agrregated volume

     ·      Price

     
 e)  Date of the transaction:                          2021-12-10
 f)  Place of the transaction:                         London Stock Exchange

d)

Aggregated information:

·      Agrregated volume

·      Price



  Aggregate Total   Volume(s)
 £37,251.05         350,000

e)

Date of the transaction:

2021-12-10

f)

Place of the transaction:

London Stock Exchange

 

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