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Seeing Machines Ltd - Holding(s) in Company

RNS Number : 0373Y
Seeing Machines Limited
16 August 2018
 

16 August 2018 

Holdings in Company

 

Seeing Machines Limited (AIM: SEE, "Seeing Machines", the "Group"), the advanced computer vision technology company that designs AI powered operator monitoring systems to improve transport safety was informed that on 14 August 2018, Miton Group PLC sold ordinary shares in the Group resulting in a holding of 105,939,298 ordinary shares in the Company representing 4.73 percent of the Group's total voting rights.

 

Enquiries:

 

Seeing Machines Limited www.seeingmachines.com

Ken Kroeger, Executive Chairman & CEO

Sophie Nicoll - VP, Marketing & Communications

 

+61 2 6103 4700

Cenkos Securities plc (Nominated Adviser and Joint Broker)

Neil McDonald/Beth McKiernan/Pete Lynch

 

+44 131 220 6939

Canaccord Genuity Limited (Joint Broker)

Simon Bridges/Richard Andrews/Alexander Napier

 

+44 20 7523 8000

Instinctif Partners

Adrian Duffield/Kay Larsen/Chantal Woolcock

+44 20 7457 2077

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

 

About Seeing Machines

 

Seeing Machines (LSE: SEE), a global company headquartered in Australia, is an industry leader in computer vision technologies which enable machines to see, understand and assist people. The Company's machine learning vision platform has the know-how to deliver real-time understanding of drivers through Artificial Intelligence (AI) analysis of heads, faces and eyes. This insight enables Driver Monitoring Systems (DMS), which monitor driver/operator attention and can identify drowsiness and distraction across multiple transport sectors.

 

Seeing Machines develops DMS for the Automotive, Commercial Fleet, Aviation, Rail and Off-Road markets. The Company has offices in Australia, USA, Europe and Asia, and delivers multi-platform solutions ranging from embedded software and processors to aftermarket system and service solutions to industry leaders in each vertical.

 

DMS is now considered a core safety technology for the Automotive industry, particularly with the development of semi-autonomous and self-driving cars. DMS is also increasingly seen to be an integral safety feature across the Commercial Transport & Logistics industry globally. 

 

www.seeingmachines.com.

 


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Quick facts: Seeing Machines Ltd.

Price: 2.875

Market: AIM
Market Cap: £96.75 m
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