Seeing Machines Limited Director/PDMR Shareholding (3180U)

TIDMSEE

RNS Number : 3180U

Seeing Machines Limited

27 March 2023

Seeing Machines Limited ("Seeing Machines" or the "Company")

27 March 2023

PDMR / Director Dealing

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, announces that on 24 March 2023, the Company's Chief Financial Officer, Martin Ive, purchased a total of 40,000 ordinary shares ("Ordinary Shares") in Seeing Machines at a price of 5.60 pence per Ordinary Share and a total of 40,000 Ordinary Shares at a price of 5.68 pence per Ordinary Share.

Following these purchases, Mr Ive is now beneficially interested in 6,282,000 Ordinary Shares, representing 0.15 per cent. of the issued share capital of the Company.

The Notification of Dealing Form required in accordance with UK MAR is set out below.

Enquiries:

 
 Seeing Machines Limited                              [phone] 
 Paul McGlone - CEO 
  Sophie Nicoll - Corporate Communications 
 
 Stifel Nicolaus Europe Limited (Nominated 
  Adviser and Broker)                                [phone] 
 Alex Price 
  Nick Adams 
  Fred Walsh 
  Ben Burnett 
 
 Dentons Global Advisors (Media Enquiries) 
  James Styles 
  Jonathon Brill 
  [e-mail]           [phone] 
 
 
 

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:                                  Martin Ive 
     -------------------------------------  -------------------------------- 
      Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/Status:                       Chief Financial Officer 
     -------------------------------------  -------------------------------- 
 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           Ordinary shares of nil par 
       instrument, type of                    value 
 
       Identification Code                    ISIN: AU0000XINAJ0 
     -------------------------------------  -------------------------------- 
 b)   Nature of the transaction:             Purchase of Ordinary Shares 
     -------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s):                  Price(s)      Volume(s) 
                                                5.60 Pence    40,000 
                                                             ---------- 
                                                5.68 Pence    40,000 
                                                             ---------- 
     -------------------------------------  -------------------------------- 
 d)        Aggregated information:             Aggregate       Volume(s) 
             *    Aggregated volume              Total 
                                                GBP 4,512.00    80,000 
                                                               ---------- 
             *    Price 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction:               24 March 2023 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction:              London Stock Exchange 
     -------------------------------------  -------------------------------- 
 

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March 27, 2023 05:07 ET (09:07 GMT)