Seeing Machines Limited ("Seeing Machines" or the "Company")
27 March 2023
PDMR / Director 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, announces that on 24 March 2023, the Company's Chief Financial Officer, Martin Ive, purchased a total of 40,000 ordinary shares ("Ordinary Shares") in Seeing Machines at a price of 5.60 pence per Ordinary Share and a total of 40,000 Ordinary Shares at a price of 5.68 pence per Ordinary Share.
Following these purchases, Mr Ive is now beneficially interested in 6,282,000 Ordinary Shares, representing 0.15 per cent. of the issued share capital of the Company.
The Notification of Dealing Form required in accordance with UK MAR is set out below.
Enquiries:
Seeing Machines Limited Paul McGlone - CEO
+61 2 6103 4700
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 Brillseeingmachines@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
Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name: | Martin Ive |
Reason for the notification | ||
a) | Position/Status: | Chief Financial Officer |
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: | Purchase of Ordinary Shares |
c) | Price(s) and volume(s): | Price(s) 5.60 Pence 5.68 Pence Volume(s) 40,000 40,000 |
d) | Aggregated information:
| N/A - single transaction as above |
e) | Date of the transaction: | 24 March 2023 |
f) | Place of the transaction: | London Stock Exchange |
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Disclaimer
Seeing Machines Limited published this content on 27 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2023 01:06:29 UTC.