Seeing Machines Limited Holding(s) in Company (0373Y)
16 August 2018 - 8:09PM
UK Regulatory
TIDMSEE TIDMMGR
RNS Number : 0373Y
Seeing Machines Limited
16 August 2018
16 August 2018
Holdings in Company
Seeing Machines Limited (AIM: SEE, "Seeing Machines", the
"Group"), the advanced computer vision technology company that
designs AI powered operator monitoring systems to improve transport
safety was informed that on 14 August 2018, Miton Group PLC sold
ordinary shares in the Group resulting in a holding of 105,939,298
ordinary shares in the Company representing 4.73 percent of the
Group's total voting rights.
Enquiries:
Seeing Machines Limited www.seeingmachines.com
Ken Kroeger, Executive Chairman & CEO
Sophie Nicoll - VP, Marketing & Communications +61 2 6103 4700
Cenkos Securities plc (Nominated Adviser
and Joint Broker)
Neil McDonald/Beth McKiernan/Pete Lynch +44 131 220 6939
Canaccord Genuity Limited (Joint Broker)
Simon Bridges/Richard Andrews/Alexander
Napier +44 20 7523 8000
Instinctif Partners
Adrian Duffield/Kay Larsen/Chantal Woolcock +44 20 7457 2077
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
About Seeing Machines
Seeing Machines (LSE: SEE), a global company headquartered in
Australia, is an industry leader in computer vision technologies
which enable machines to see, understand and assist people. The
Company's machine learning vision platform has the know-how to
deliver real-time understanding of drivers through Artificial
Intelligence (AI) analysis of heads, faces and eyes. This insight
enables Driver Monitoring Systems (DMS), which monitor
driver/operator attention and can identify drowsiness and
distraction across multiple transport sectors.
Seeing Machines develops DMS for the Automotive, Commercial
Fleet, Aviation, Rail and Off-Road markets. The Company has offices
in Australia, USA, Europe and Asia, and delivers multi-platform
solutions ranging from embedded software and processors to
aftermarket system and service solutions to industry leaders in
each vertical.
DMS is now considered a core safety technology for the
Automotive industry, particularly with the development of
semi-autonomous and self-driving cars. DMS is also increasingly
seen to be an integral safety feature across the Commercial
Transport & Logistics industry globally.
www.seeingmachines.com.
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END
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