Seeing Machines Limited Director/PDMR Shareholding (7786L)
07 September 2023 - 6:31PM
UK Regulatory
TIDMSEE
RNS Number : 7786L
Seeing Machines Limited
07 September 2023
Seeing Machines Limited ("Seeing Machines" or the "Company")
7 September 2023
Director/ PDMR Shareholding
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 6 September 2023, Paul McGlone CEO
exercised options over 7,500,000 ordinary shares of no par value in
the Company ("Ordinary Shares"). The Ordinary Shares were exercised
at a price of 6 pence per share and were satisfied by way of a
transfer of ordinary shares out of the Seeing Machines Executive
Share Plan Trust.
Following the exercise of options, Mr McGlone's total beneficial
holding is 8,100,000 ordinary shares, representing 0.20 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 +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
Fred Walsh
Ben Burnett
Dentons Global Advisors (Media Enquiries)
James Styles
Jonathon Brill
seeingmachines@dentonsglobaladvisors.com +44 20 7664 5095
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: Paul McGlone
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Reason for the notification
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a) Position/Status: CEO
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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 Ordinary Shares of no par
instrument, type of value
ISIN: AU0000XINAJ0
Identification Code
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b) Nature of the transaction: Exercise of Options
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c) Price(s) and volume(s): Price(s) Volume(s)
6.0 Pence 7,500,000
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d) Aggregated information: N/A - single transaction
* Aggregated volume as above
* Price
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e) Date of the transaction: 6 September 2023
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f) Place of the transaction: London Stock Exchange
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END
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