PDMR Shareholding

RNS Number : 0865H
Seeing Machines Limited
21 November 2022
 

 

Seeing Machines Limited

 

21 November 2022

 

PDMR 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, was notified on 21 November 2022 that Lombard Odier Asset Management (Europe) Limited ("LAOME"), a person closely associated with the Company's Non-Executive Director, Michael Brown, acting in its capacity as discretionary investment manager for the account and on behalf of funds or accounts managed by it and/or as agent of Lombard Odier Asset Management (USA) Corp, acting as discretionary investment manager for the account and on behalf of funds or accounts managed by them has traded in the ordinary shares of Seeing Machines as set out below:

 

18 November 2022  Bought 367,000 ordinary shares at 6.6p

18 November 2022   Bought 1,050,000 ordinary shares at 6.4p

 

Following these transactions LOAME holds 624,123,762 ordinary shares, representing15.03%of the Company's issued share capital.

 

Enquiries:

 

Seeing Machines Limited

+61 2 6103 4700

Paul McGlone - CEO

Sophie Nicoll - Corporate Communications

 

 

 

Stifel Nicolaus Europe Limited (Nominated Adviser and  Broker)

+44 20 7710 7600

Alex Price

Nick Adams

Ben Burnett

 

 

 

Lionsgate Communications (Media Enquiries)

Jonathan Charles

+44 7791 892509

 

 

 

 

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

 


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):

 

 

 

 

  Price(s)

Volume(s)

6.6 Pence

367,000

6.4 Pence

1,050,000

d)

Aggregated information:

· Agrregated volume

· Price

  Aggregate Total

Volume(s)

£91,672.04

1,417,000

e)

Date of the transaction:

18 November 2022

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBBBDBSSDDGDB
UK 100

Latest directors dealings