TIDMSEE

RNS Number : 8408M

Seeing Machines Limited

16 January 2023

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

16 January 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 13 January 2023, Istabraq Pty Limited (Katmai Investments A/C), a person closely associated with the Company's Chief Financial Officer, Martin Ive, purchased a total of 955,204 ordinary shares ("Ordinary Shares") in the Company at a price of 6.59 pence per Ordinary Share. Further, on the same day, Marrach Super Pty Ltd (Ive Family Super Fund A/C), a person closely associated with Seeing Machines Chief Financial Officer, Martin Ive, purchased a total of 200,000 Ordinary Shares at a price of 6.59 pence per Ordinary Share.

Following purchases last week through Istabraq Pty Limited (Katmai Investments A/C) and Marrach Super Pty Ltd (Ive Family Super Fund A/C), Mr Ive is now beneficially interested in 2,900,000 Ordinary Shares, representing 0.07 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 
  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:                                  Istabraq Pty Limited (Katmai 
                                              Investments A/C) 
     -------------------------------------  -------------------------------- 
      Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/Status:                       A person closely associated 
                                              with the Company's Chief 
                                              Financial Officer, Martin 
                                              Ive 
     -------------------------------------  -------------------------------- 
 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) 
                                                6.59 Pence    955,204 
                                                             ---------- 
     -------------------------------------  -------------------------------- 
 d)        Aggregated information:             Aggregate       Volume(s) 
             *    Agrregated volume              Total 
                                                GBP62,947.94    955,204 
                                                               ---------- 
             *    Price 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction:               13 January 2023 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction:              London Stock Exchange 
     -------------------------------------  -------------------------------- 
 
 
      Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                  Marrach Super Pty Ltd (Ive 
                                              Family Super Fund A/C) 
     -------------------------------------  -------------------------------- 
      Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/Status:                       A person closely associated 
                                              with the Company's Chief 
                                              Financial Officer, Martin 
                                              Ive 
     -------------------------------------  -------------------------------- 
 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) 
                                                6.59 Pence    200,000 
                                                             ---------- 
     -------------------------------------  -------------------------------- 
 d)        Aggregated information:             Aggregate       Volume(s) 
             *    Agrregated volume              Total 
                                                GBP13,180.00    200,000 
                                                               ---------- 
             *    Price 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction:               13 January 2023 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction:              London Stock Exchange 
     -------------------------------------  -------------------------------- 
 

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END

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January 16, 2023 05:28 ET (10:28 GMT)

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