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RNS Number : 5060S Seeing Machines Limited 06 November 2023
Seeing Machines Limited
6 November 2023
PDMR 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, was notified on 6 November
2023 that Lombard Odier Asset Management (Europe) Limited ("LAOME"), a person
closely associated with the Company's Non-Executive Director, Michael Brown,
acting in its capacity as discretionary investment manager for the account and
on behalf of funds or accounts managed by it and/or as agent of Lombard Odier
Asset Management (USA) Corp, acting as discretionary investment manager for
the account and on behalf of funds or accounts managed by them has today
traded in the ordinary shares of Seeing Machine as set out below:
3 November 2023 Bought 500,000 ordinary shares at 5.37p
Bought
250,000 ordinary shares at 5.38p
Bought
448,020 ordinary shares at 5.40p
Bought
250,000 ordinary shares at 5.40p
Following this transaction LOAME holds 644,632,913 ordinary shares,
representing 15.52% of the Company's issued share capital.
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) +44 20 7664 5095
James Styles
Jonathon Brill
Methuselah Tanyanyiwa
seeingmachines@dentonsglobaladvisors.com
(mailto:seeingmachines@dentonsglobaladvisors.com)
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)
5.37 Pence 500,000
5.38 Pence 250,000
5.40 Pence 448,020
5.40 Pence 250,000
d) Aggregated information: Aggregate Price Volume(s)
5.4 Pence 1,448,020
· Aggregated volume
· Price
e) Date of the transaction: 3 November 2023
f) Place of the transaction: London Stock Exchange
d)
Aggregated information:
· Aggregated volume
· Price
Aggregate Price Volume(s)
5.4 Pence 1,448,020
e)
Date of the transaction:
3 November 2023
f)
Place of the transaction:
London Stock Exchange
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