logo-loader
viewSeeing Machines Ltd.

Seeing Machines Ltd - Director/PDMR Shareholding

RNS Number : 3383J
Seeing Machines Limited
09 April 2020
 

 

Seeing Machines Limited

 

9 April 2020

 

Director Share Purchase

 

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, advises that Dunford Super Pty Limited as trustee for Dunford Super Fund, a person closely associated with the Company's Chair, Kate Hill, has purchased 450,000 ordinary shares in the Company at a price of 3.30 pence each.

 

Following this transaction, Ms Hill has an interest in 2,187,080 Ordinary Shares, representing 0.06% of the issued share capital of the Company.

 

Enquiries:

 

Seeing Machines Limited

+61 2 6103 4700

Paul McGlone - CEO

Sophie Nicoll - Corporate Communications


 

 

Cenkos Securities plc (Nominated Adviser and Broker)

Neil McDonald

Pete Lynch

+44 131 220 6939

 

 

Stifel Nicolaus Europe Limited (Joint Broker)

+44 20 7710 7600

Alex Price

Nick Adams

 

 

 

 

The person responsible for arranging the release of this announcement on behalf of Seeing Machines is Sophie Nicoll, SVP, Corporate Communications.

 

About Seeing Machines (LSE: 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

 

11

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

DunfordSuper Fund Pty Limited

 

 

Reason for the notification

a)

Position/status:

A person closely associated with Kate Hill, Non-Executive Chair

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

 

 

Identification Code

 

Ordinary shares of nil par value

 

ISIN: AU0000XINAJ0

b)

Nature of the transaction:

Issue of performance rights and share options

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

3.30 pence

450,000

Total

450,000

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Aggregate Total

Volume(s)

£14,850

450,000

e)

Date of the transaction:

2019-04-07

f)

Place of the transaction:

London Stock Exchange

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHEKLBBBZLEBBQ

Quick facts: Seeing Machines Ltd.

Price: 3.05

Market: AIM
Market Cap: £102.64 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Seeing Machines managing cash and 'pushing ahead with its nine production...

Seeing Machines Limited's (LON:SEE) CEO Paul McGlone caught up with Proactive London's Andrew Scott to outline the steps they're taking to minimise the impact from the outbreak of coronavirus. ''Our technology is solid, we have very good customers,  we are still working on nine...

on 03/26/2020