Michael Brown17 Aug 2020 16:56
I was unsure last week whether Lombard had purchased more shares taking the total to 19.98% or whether Michael Brown had purchased 7 million shares. I see the directors dealing section now confirms Michael Brown has 7,000,000 shares. Not sure when the Directors deal page was changed.
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, was notified that on 11 August 2020, Lombard Odier Asset Management (Europe) Limited, a person closely associated (PCA) with Michael Brown, a director of the Company, purchased 7,000,000 ordinary shares in the Company ("Shares") at a price of 3.2 pence per Share.
Following this transaction Lombard Ordier Asset Management (Europe) Limited is interested in 672,434,944 Shares, representing 19.98 per cent. of the issued share capital of the Company.