Seeing Machines Limited
28 February 2022
Director Share Purchases
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 it has been notified that two non-executive directors have purchased ordinary shares in the Company.
Catherine Jane Hill (Kate Hill) the Company's Chair, has purchased 400,000 ordinary shares in the Company at a price of 7.2 pence each on 25 February 2022. Following this transaction, Ms Hill has an interest in 3,400,000 Ordinary Shares, representing 0.08% of the issued share capital of the Company.
Nanjop Pty Ltd (The Murring Family A/C), a person closely associated with Non-Executive Director, John Murray, has purchased 200,000 ordinary shares in the Company at a price of 7.35 pence each on 25 February 2022. Following this transaction, Mr Murray has an interest in 632,291 Ordinary Shares, representing 0.02% of the issued share capital of the Company.
Enquiries:
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Seeing Machines Limited |
+61 2 6103 4700 |
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Paul McGlone - CEO Sophie Nicoll - Corporate Communications |
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Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) |
+44 20 7710 7600 |
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Alex Price Nick Adams |
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Lionsgate Communications (Media Enquiries) Jonathan Charles |
+44 7791 892509 |
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The person responsible for arranging the release of this announcement on behalf of Seeing Machines is Sophie Nicoll, Corporate Communications.
About Seeing Machines (LSE: 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.
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Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: |
Catherine Jane Hill
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Reason for the notification |
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a) |
Position/status: |
Non-Executive Chair |
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b) |
Initial notification/Amendment: |
Initial notification |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: |
Seeing Machines Limited |
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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 |
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a) |
Description of the financial instrument, type of
Identification Code
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Ordinary shares of nil par value
ISIN: AU0000XINAJ0 |
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b) |
Nature of the transaction: |
Purchase of Ordinary Shares |
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c) |
Price(s) and volume(s): |
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d) |
Aggregated information: · Aggregated volume: · Price: |
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e) |
Date of the transaction: |
2022-02-25 |
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f) |
Place of the transaction: |
London Stock Exchange |
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Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: |
Nanjop Pty Ltd (The Murring Family A/C)
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Reason for the notification |
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a) |
Position/status: |
A person closely associated with John Murray, Non-Executive Director |
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b) |
Initial notification/Amendment: |
Initial notification |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: |
Seeing Machines Limited |
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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 |
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|
a) |
Description of the financial instrument, type of
Identification Code
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Ordinary shares of nil par value
ISIN: AU0000XINAJ0 |
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b) |
Nature of the transaction: |
Purchase of Ordinary Shares |
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c) |
Price(s) and volume(s): |
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d) |
Aggregated information: · Aggregated volume: · Price: |
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e) |
Date of the transaction: |
2022-02-25 |
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f) |
Place of the transaction: |
London Stock Exchange |
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