Seeing Machines Limited Posting of Offer Documents & Notice of GM (2028S)

TIDMSEE

RNS Number : 2028S

Seeing Machines Limited

19 December 2016

Seeing Machines Limited

("Seeing Machines" or the "Company")

Posting of Offer Documents

and Notice of General Meeting

19 December 2016

Seeing Machines Limited (AIM: SEE), the AIM listed technology company with a focus on operator monitoring and intervention sensing technologies and services, announces that, further to its announcement on 13 December 2016, it has posted the notice of General Meeting to shareholders, the Australian Offer document to certain eligible existing shareholders with registered addresses in Australia and the Overseas Offer document to existing shareholders with registered addresses in the United Kingdom or Ireland (together, the "Offers").

The Offers, when combined, seek to raise up to GBP2 million in aggregate (approximately AUD 3.4 million) at an issue price of 4 pence per Ordinary Share or an AUD equivalent.

The General Meeting will be held at 11.00 a.m. Australian Eastern Daylight Time (AEDT) on Thursday 12 January 2017. The meeting will be held at Level 1, 11 Lonsdale Street, Braddon, ACT 2612, Australia.

The Notice of General Meeting and both offer documents are available on the Seeing Machines website, at www.seeingmachines.com/investors.

Key dates for the Australian Offer

 
 Record date                  5.00 a.m. (AEDT) on 13 December 2016 
 Posting date                 16 December 2016 
 General Meeting              12 January 2017 
 Closing date and time        11.00 a.m. (AEDT) on 19 January 2017 
 Admission of shares to AIM   Expected 25 January 2017 
 

Key dates for the Overseas Offer

 
 Record date                  6.00 p.m. (GMT) on 12 December 2016 
 Posting date                 16 December 2016 
 General Meeting              12 January 2017 
 Closing date and time        11.00 a.m. (GMT) on 19 January 2017 
 Admission of shares to AIM   Expected 25 January 2017 
 

Enquiries:

 
 Seeing Machines Limited               www.seeingmachines.com / +61 2 6103 
                                        4700 
 Ken Kroeger, Managing Director        [e-mail] 
  and CEO 
 Media inquiries                       [e-mail] 
 finnCap Ltd, Broker for Seeing Machines 
 Ed Frisby / Emily Watts, Corporate 
  Finance                              [phone] 
 Joanna Scott, Corporate Broking 
 Newgate, Investment Communications for Seeing Machines 
 Bob Huxford                           Tel: [phone] / Mob: +44 7469 
                                        154 806 
                                        [e-mail] 
  Adam Lloyd 
                                        Tel: [phone] / Mob: +44 7966 
                                        609 084 
                                        [e-mail] 
 

About Seeing Machines

Seeing Machines, (AIM: SEE) is focused on operator monitoring and intervention sensing technologies and services. With more than 15 years of experience, Seeing Machines uses advanced detection and prevention safety assistance technologies to track eye and facial movement in order to monitor fatigue, drowsiness and distraction events, such as microsleeps, texting and cell phone use as they occur, while providing for a real-time intervention strategy, which improves operator, driver and environmental safety, preserves assets, and reduces risk. Seeing Machines' technology is used worldwide across the automotive, mining, transport and aviation industries; as well as many of the leading academic research groups and transportation authorities. Seeing Machines is headquartered in Australia and has offices in Tucson, Arizona and Mountain View, California. The Company counts Caterpillar, Electro Motive Diesel, Progress Rail, Boeing, Takata, SEMCo, and Eye Tracking Inc among its partners.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 19, 2016 03:06 ET (08:06 GMT)