REG - Seeing Machines Ltd - Issue of Equity and Total Voting Rights

Seeing MachinesAnnouncement

19/12/2024 07:00

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RNS Number : 6681Q  Seeing Machines Limited  19 December 2024

19 December 2024

 

Seeing Machines Limited

 

("Seeing Machines" or the "Company")

 

Issue of Equity and Total Voting Rights

 

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, due to a
clerical error, an application has been made to the London Stock Exchange for
37,161,419 new Ordinary Shares to be admitted to trading on AIM ("Admission")
which relates to historical exercises of options, in 2018, for which
applications had not been accurately accounted for, with dealings expected to
commence at 8.00 a.m. on or around 24 December 2024. The new Ordinary Shares
will rank pari passu with the Company's existing Ordinary Shares.

 

Following Admission, the total issued share capital of the Group will be
4,271,645,483 Ordinary Shares with no Ordinary Shares held in treasury.
Therefore, the total number of voting rights in the Group post Admission will
be 4,271,645,483 and this figure may be used by shareholders as the
denominator for the calculations by which they will determine whether they are
required to notify their interest in, or a change to their interest in Seeing
Machines.

 

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

 Fred Walsh

 Ben Good

 Sarah Wong

 DGA Group (Media Enquiries)                +44 20 7664 5095

 James Styles

Methuselah Tanyanyiwa

 Matthias Jarosz

 

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)

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