Seeing Machines Limited Result of Offers & Total Voting Rights (7102U)
January 20 2017 - 2:35AM
UK Regulatory
TIDMSEE
RNS Number : 7102U
Seeing Machines Limited
20 January 2017
Seeing Machines Limited
("Seeing Machines" or the "Company")
Result of Australian and Overseas Offers
and Total Voting Rights
20 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,
further to its announcement on 13 December 2016, valid acceptances
of the Australian and Overseas Offers (the "Offers") have been
received in respect of GBP1.4 million (approximately AUD 2.3
million) through the issue of 35,695,382 new Ordinary Shares (the
"Offer Shares") at a price of 4 pence per Ordinary Share. The Offer
follows an earlier successful fundraising of GBP15 million.
Application has been made for the Offer Shares to be admitted to
trading on AIM and admission is expected to occur on 25 January
2017 ("Admission").
Following Admission, the Company will have 1,486,455,161
Ordinary Shares in issue. There are no shares held in treasury. The
total voting rights will therefore be 1,486,455,161 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.
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
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January 20, 2017 03:35 ET (08:35 GMT)