Seeing Machines Limited Director/PDMR Shareholding (3285O)
October 01 2019 - 5:14AM
UK Regulatory
TIDMSEE
RNS Number : 3285O
Seeing Machines Limited
01 October 2019
1 October 2019
Seeing Machines Limited
Director Share Purchase
Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the
"Company"), the leading provider of AI-enabled driver monitoring
technology for improved transport safety, advises that its Chair,
Kate Hill, has purchased 1,000,0000 ordinary shares in the
Company.
Ms Hill purchased 500,000 shares at 4.50 pence and 500,000
shares at 4.60 pence. Following completion of this transaction, Ms
Hill has an interest in 1,550,000 Ordinary Shares, representing
0.05% of the issued share capital of the Company.
Enquiries:
Seeing Machines Limited +61 2 6103 4700
Paul McGlone - CEO
Sophie Nicoll - SVP, Corporate Communications
Cenkos Securities plc (Nominated Adviser
and Broker)
Neil McDonald
Pete Lynch +44 131 220 6939
Antenna Group for Seeing Machines (Media
Enquiries)
SeeingMachines@antennagroup.com
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation
(EU) No. 596/2014. Upon the publication of this announcement,
this inside information is now considered to
be in the public domain.
About Seeing Machines - www.seeingmachines.com
Seeing Machines (LSE: SEE), a global company headquartered in
Australia, is an industry leader in computer vision technologies
which enable machines to see, understand and assist people. The
Company's machine learning vision platform has the know-how to
deliver real-time identification and understanding of drivers
through Artificial Intelligence (AI) analysis of heads, faces and
eyes. This insight enables Driver Monitoring Systems (DMS), which
monitor driver/operator identification and attention and can detect
drowsiness and distraction across multiple transport sectors.
Seeing Machines develops DMS for the Automotive, Commercial
Fleet, Aviation, Rail and Off-Road markets. The Company has offices
in Australia, USA, Europe and Asia, and delivers multi-platform
solutions to industry leaders in each vertical.
DMS is becoming a core safety technology integrated into ADAS
offerings for the automotive industry, particularly with the
development of semi-autonomous and self-driving cars. DMS is also
increasingly seen to be an integral safety feature across the
Commercial Transport & Logistics industry and is set to be
become a regulatory requirement for all cars, vans, trucks and
buses in Europe from 2022, with the rest of the world expected to
follow soon after.
Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Ms Kate Hill
----------------------------------------- ----------------------------
Reason for the notification
-----------------------------------------------------------------------
a) Position/status: 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, Ordinary shares of nil
type of par value
ISIN: AU0000XINAJ0
Identification Code
----------------------------------------- ----------------------------
b) Nature of the transaction: Issue of performance rights
and share options
----------------------------------------- ----------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
4.50 pence 500,000
----------
4.60 pence 500,000
----------
Total 1,000,000
----------
----------------------------------------- ----------------------------
d) Aggregated information: Aggregate Volume(s)
* Aggregated volume: Total
GBP45,500.00 1,000,000
----------
* Price:
----------------------------------------- ----------------------------
e) Date of the transaction: 2019-09-30
----------------------------------------- ----------------------------
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 rns@lseg.com or visit www.rns.com.
END
DSHKFLBBKBFFFBL
(END) Dow Jones Newswires
October 01, 2019 05:14 ET (09:14 GMT)
Seeing Machines (LSE:SEE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Seeing Machines (LSE:SEE)
Historical Stock Chart
From Apr 2023 to Apr 2024
