1 Dec 2021 12:00
Seeing Machines Limited
1 December 2021
Director/PDMR Shareholding
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 on 29 November 2021 that Lombard Odier Asset Management (Europe) Limited, a person closely associated with the Company's Non-Executive Director, Michael Brown, purchased 500,000 ordinary shares in the Company at a price of 10.2 pence each on 29 November 2021.
Following this transaction, Lombard Odier Asset Management (Europe) Limited has an interest in 692,816,762 Ordinary Shares, representing 16.7% of the issued share capital of the Company.
Enquiries:
Seeing Machines Limited | +61 2 6103 4700 |
Paul McGlone - CEO Sophie Nicoll - Corporate Communications |
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Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) | +44 20 7710 7600 |
Alex Price Nick Adams |
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Lionsgate Communications (Media Enquiries) Jonathan Charles | +44 7791 892509 |
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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: | Lombard Odier Asset Management (Europe) Limited | ||||||
| Reason for the notification | |||||||
a) | Position/Status: | A person closely associated with the Company's Non-Executive Director, Michael Brown | ||||||
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
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| 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):
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d) | Aggregated information: · Agrregated volume · Price
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e) | Date of the transaction: | 2021-11-29 | ||||||
f) | Place of the transaction: | London Stock Exchange | ||||||
Seeing Machines (SEE)