Seeing Machines Limited ("Seeing Machines" or the "Company")
25 May 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 May 2023, Kate Hill, the Company's Chair, purchased a total of 150,000 ordinary shares ("Ordinary Shares") in Seeing Machines at a price of 5.79 pence per Ordinary Share.
Further, on 24 May 2023, Dunford Super Fund Pty Limited (Dunford Super Fund A/C), a person closely associated with Kate Hill, purchased a total of 250,000 Ordinary Shares in the Company at a price of 5.79 pence per Ordinary Share.
Following this purchase, Ms Hill is now beneficially interested in 4,500,000 Ordinary Shares, representing 0.11 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 |
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| Stifel Nicolaus Europe Limited (Nominated Adviser and Broker) | +44 20 7710 7600 | |
| Alex Price Nick Adams Fred Walsh Ben Burnett |
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| Dentons Global Advisors (Media Enquiries) James Styles | +44 20 7664 5095
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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.
| | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name: | Catherine (Kate) Jane Hill | ||||||
| | Reason for the notification | |||||||
| a) | Position/Status: | Chair | ||||||
| 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
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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 | |||||||
| 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):
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| d) | Aggregated information: · Aggregated volume · Price | N/A - single transaction as above | ||||||
| e) | Date of the transaction: | 24 May 2023 | ||||||
| f) | Place of the transaction: | London Stock Exchange | ||||||
| | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name: | Dunford Super Fund Pty Limited (Dunford Super Fund A/C) | ||||||
| | Reason for the notification | |||||||
| a) | Position/Status: | A person closely associated with the Company's Chair, Kate Hill | ||||||
| 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):
|
| ||||||
| d) | Aggregated information: · Aggregated volume · Price | N/A - single transaction as above | ||||||
| e) | Date of the transaction: | 24 May 2023 | ||||||
| f) | Place of the transaction: | London Stock Exchange | ||||||
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