Seeing Machines Limited Result of General Meeting (9910T)
12 January 2017 - 7:15PM
UK Regulatory
TIDMSEE
RNS Number : 9910T
Seeing Machines Limited
12 January 2017
Seeing Machines Limited
("Seeing Machines" or the "Company")
Result of General Meeting
Total Voting Rights
Notification and Public Disclosure of Transactions by Persons
Discharging Managerial Responsibilities
12 January 2017
Seeing Machines Limited (AIM: SEE), the AIM listed technology
company with a focus on operator monitoring and intervention
sensing technologies and services, is pleased to announce that, at
its General Meeting held earlier today, the resolutions set out in
the Notice of General Meeting sent to Shareholders on 16 December
2016, were duly passed.
Accordingly, it is expected that admission of the 329,611,500
Placing Shares and 45,388,500 Subscription Shares to trading on AIM
will become effective at 8.00 a.m. 16 January 2017
("Admission").
Following Admission, the Company will have 1,450,759,779
Ordinary Shares in issue. There are no shares held in treasury. The
total voting rights will therefore be 1,450,759,779 and
Shareholders may use this figure as the denominator for
calculations by which they will determine whether they are required
to notify their interest, or a change to their interest, in the
ordinary share capital of the Company.
As announced on 19 December 2016, the Australian Offer and the
Overseas Offer will close at 11.00 a.m. (AEDT) and 11.00 a.m.
(GMT), respectively, on 19 January 2017. The results of the Offers
will be announced shortly thereafter and admission of the ordinary
shares to trading on AIM is expected to occur on 25 January
2017.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provide further detail of the
number of Ordinary Shares purchased under the Subscription, for the
beneficial interests of PDMR Ken Kroeger:
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------------------------------
a) Name: Ken Kroeger
--- --------------------------------- -----------------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------------
a) Position/status: Chief Executive Officer
--- --------------------------------- -----------------------------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- -----------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------------------
a) Name: Seeing Machines Limited
--- --------------------------------- -----------------------------------------------
b) LEI: n/a
--- --------------------------------- -----------------------------------------------
4. 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
instrument, type of instrument: nil consideration
Identification code: AU0000XINAJ0
--- --------------------------------- -----------------------------------------------
b) Nature of the transaction: Subscription for
shares
--- --------------------------------- -----------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
4 pence 388,500
---------- ----------
--- --------------------------------- -----------------------------------------------
d) Aggregated information: Single transaction
* Aggregated volume: as in 4 c) above Price(s) Volume(s) Total
--------- ---------- ----------
4 pence 388,500 GBP15,540
* Price: --------- ---------- ----------
--- --------------------------------- -----------------------------------------------
e) Date of the transaction: 16/01/2017
--- --------------------------------- -----------------------------------------------
f) Place of the transaction: London Stock Exchange,
AIM Market (XLON)
--- --------------------------------- -----------------------------------------------
Terms defined in the announcement published by the Company on 13
December 2016 shall have the same meaning in this announcement
unless the context requires otherwise.
Enquiries:
Seeing Machines Limited www.seeingmachines.com /
+61 2 6103 4700
Ken Kroeger, Managing Ken.Kroeger@seeingmachines.com
Director and CEO
Media inquiries marketing@seeingmachines.com
finnCap Ltd, Broker for Seeing Machines
Ed Frisby / Emily Watts,
Corporate Finance +44 20 7220 0500
Joanna Scott, Corporate
Broking
Newgate, Investment Communications for Seeing Machines
Bob Huxford Tel: +44 20 7653 9848 / Mob:
+44 7469 154 806
Bob.huxford@newgatecomms.com
Adam Lloyd
Tel: +44 20 7653 9842 / Mob:
+44 7966 609 084
Adam.loyd@newgatecomms.com
About Seeing Machines
Seeing Machines, (AIM: SEE) is focused on operator monitoring
and intervention sensing technologies and services. With more than
15 years of experience, Seeing Machines uses advanced detection and
prevention safety assistance technologies to track eye and facial
movement in order to monitor fatigue, drowsiness and distraction
events, such as microsleeps, texting and cell phone use as they
occur, while providing for a real-time intervention strategy, which
improves operator, driver and environmental safety, preserves
assets, and reduces risk. Seeing Machines' technology is used
worldwide across the automotive, mining, transport and aviation
industries; as well as many of the leading academic research groups
and transportation authorities. Seeing Machines is headquartered in
Australia and has offices in Tucson, Arizona and Mountain View,
California. The Company counts Caterpillar, Electro Motive Diesel,
Progress Rail, Boeing, Takata, SEMCo, and Eye Tracking Inc among
its partners.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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