Seeing Machines Limited Issue of Equity and Total Voting Rights
December 19 2024 - 1:00AM
RNS Regulatory News
RNS Number : 6681Q
Seeing Machines Limited
19 December 2024
19 December 2024
Seeing Machines Limited
("Seeing Machines" or the "Company")
Issue of Equity and Total Voting
Rights
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, due to a clerical error, an application has
been made to the London Stock Exchange for 37,161,419 new Ordinary
Shares to be admitted to trading on AIM ("Admission") which relates
to historical exercises of options, in 2018, for which applications
had not been accurately accounted for, with dealings expected to
commence at 8.00 a.m. on or around 24 December 2024. The new
Ordinary Shares will rank pari passu with the Company's existing
Ordinary Shares.
Following Admission, the total
issued share capital of the Group will be 4,271,645,483 Ordinary
Shares with no Ordinary Shares held in treasury. Therefore, the
total number of voting rights in the Group post Admission will be
4,271,645,483 and this figure may be used by shareholders as the
denominator for the calculations by which they will determine
whether they are required to notify their interest in, or a change
to their interest in Seeing Machines.
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
Fred Walsh
Ben Good
Sarah Wong
|
|
|
|
DGA
Group (Media Enquiries)
James Styles
Methuselah Tanyanyiwa
Matthias Jarosz
|
+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
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END
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