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DIRECTOR DEALINGS: Lombard Odier AM ups Seeing Machines stake to 17%

Fri, 26th Nov 2021 15:29

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

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Seeing Machines Ltd - Canberra-based driver monitoring technology - Lombard Odier Asset Management (Europe) Ltd, with which Non-Executive Director Michael Brown is connected, buys 18.2 million shares at 11 pence, worth GBP2.0 million, on Wednesday. Lombard Odier now has an interest in 692.3 million shares, a 16.7% stake. Chair Kate Hill buys 237,920 shares at 11.6p, worth GBP27,599, on Thursday. Hill now has an interest in 3.0 million shares.

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Virgin Money UK PLC - Newcastle-upon-Tyne, England-based lender - Chief Executive David Duffy buys 37,515 shares at GBP1.68, worth GBP63,025, on Friday. Chief Financial Officer Clifford Abrahams buys 60,000 shares at GBP1.68 and GBP1.77, worth GBP103,290, on Thursday and Friday.

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Cerillion PLC - London-based billing and customer relations management software - Chief Operating Officer Mark Nicholls and spouse June Nicholls sell 14,000 shares at average 835.8p, worth GBP117,012, on Wednesday and Thursday. Nicholls now is interested in 54,636 shares, a 0.2% stake.

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CVS Group PLC - Norfolk-based veterinary services - Chair Richard Connell buys 4,200 shares at 2,212.86p, worth GBP92,940, on Thursday. Now has 162,000 shares, a 0.2% stake.

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PayPoint PLC - Hertfordshire, England-based payment services - Chief Executive Nick Wiles buys 10,000 shares at 616.79p, worth GBP61,679, on Friday.

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MJ Hudson Group PLC - London-based services provider to asset management industry - Six directors buy 247,319 shares on Thursday. Among them, CEO Matthew Hudson buys 104,166 shares at 46.8p, worth GBP48,750. Hudson now is interested in 47.6 million shares. Non-Executive Chair Charles Spicer buys 43,803 shares at 45.9p and 45.4p, worth about GBP20,000. Non-Executive Director Geoff Miller buys 57,050 shares at 47p, worth GBP26,814.

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James Cropper PLC - paper products manufacturer based in Cumbria - Chair Mark Cropper buys 2,050 shares at GBP15.75, worth GBP32,288, on Tuesday. Cropper has a 19.4% beneficial stake and is part of a concert party with a 37.8% holding.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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5 Jun 2019 13:52

Seeing Machines Shares Plummet After Boss, Chair Leave Immediately

LONDON (Alliance News) - Shares in Seeing Machines Ltd plummeted Wednesday after its chair and boss both left their roles at the driver monitoring technology firm with immediate in Seeing Machines

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16 May 2019 11:21

Seeing Machines Fleet Business Accelerates Momentum, Revenue Rises

LONDON (Alliance News) - Seeing Machines Ltd on Thursday said its fleet business has accelerated its momentum in the year-to-date, recording a 23% increase in revenue.The driver monitoring

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16 May 2019 11:04

Seeing Machines focuses on Fleet business to improve costs and cash flow

(Sharecast News) - Computer vision technology company Seeing Machines provided a "comprehensive" update on its Fleet business on Thursday, explaining that the success of the business and its implementation of 'Guardian 24/7' monitoring services was fundamental to the firm.

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26 Apr 2019 12:43

Friday broker round-up

(Sharecast News) - Stagecoach: Citigroup upgrades to buy with a target price of 155p.

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23 Apr 2019 10:24

Seeing Machines Raises GBP31.6 Million From Share Sale (ALLISS)

LONDON (Alliance News) - Driver monitoring technology firm Seeing Machines Ltd said Tuesday it raised GBP31.6 million through a discounted share sale.Seeing Machines raised GBP27.8 million

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10 Apr 2019 13:35

Seeing Machines wins seventh OEM production program

(Sharecast News) - Seeing Machines has been appointed by Joyson Safety Systems (JSS) to provide driver monitoring technology for a US automotive OEM as it expands the rollout of their driving system across several additional vehicle models.

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5 Apr 2019 11:20

Seeing Machines to promote technology via insurer partnership

(Sharecast News) - Seeing Machines on Friday partnered with National Transport Insurance, to develop "mutually beneficial programs" to promote the company's Guardian driver-monitoring solution to the Australian specialist insurer's policyholders.

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20 Mar 2019 12:41

Seeing Machines To Raise GBP28 Million; Loss Widens On Expenses (ALLISS)

LONDON (Alliance News) - Seeing Machines Ltd on Wednesday posted a widened interim loss on expenses and announced a placing and subscription to develop its core platform and scale up its in Seeing

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22 Feb 2019 15:42

Seeing Machines welcomes EU rule mandating warning systems

(Sharecast News) - Computer vision technology company Seeing Machines updated the market on Friday, welcoming the outcome of the European Parliament's Internal Market Committee, where a set of rules were approved to advance safety for all road users in the European Union.

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16 Jan 2019 16:20

Seeing Machines' revenues to drop amid restructuring

(Sharecast News) - Seeing Machines reported on Wednesday that its interim revenues will be lower than those seen last year following a restructuring of its Fleet business division.

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12 Dec 2018 15:52

Seeing Machines partners with L3 Commercial Aviation

(Sharecast News) - Computer vision technology company Seeing Machines has partnered with airline pilot training solutions provider L3 Commercial Aviation to deliver integrated eye tracking capabilities into L3's 'Full Flight Simulator' (FFS), it announced on Wednesday.

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3 Dec 2018 12:52

Seeing Machines Hires Former Macquarie Executive As CFO

LONDON (Alliance News) - Seeing Machines Ltd said Monday it has appointed a former Macquarie executive as its new chief financial officer.Luke Oxenham will take over as CFO and a director a

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3 Dec 2018 07:53

Luke Oxenham to head up finance at Seeing Machines

(Sharecast News) - Computer vision technology company Seeing Machines announced the appointment of Luke Oxenham as its chief financial officer (CFO) and a director of the company with immediate effect on Monday.

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26 Nov 2018 11:52

Seeing Machines Division Signs Deal With Royal Australian Air Force

LONDON (Alliance News) - Seeing Machines Ltd on Monday said its Aviation division signed a pioneering programme deal with Royal Australian Air Force.Under the contract, the computer vision

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26 Nov 2018 08:42

Seeing Machines wins deal with Aussie air force

(Sharecast News) - Australia-based computer vision technology business Seeing Machines has inked its first commercial program agreement out of its aviation division.

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