Seeing Machines Limited
("Seeing Machines" or the "Company")
Posting of Offer Documents
and Notice of General Meeting
19 December 2016
Seeing Machines Limited (AIM: SEE), the AIM listed technology company with a focus on operator monitoring and intervention sensing technologies and services, announces that, further to its announcement on 13 December 2016, it has posted the notice of General Meeting to shareholders, the Australian Offer document to certain eligible existing shareholders with registered addresses in Australia and the Overseas Offer document to existing shareholders with registered addresses in the United Kingdom or Ireland (together, the "Offers").
The Offers, when combined, seek to raise up to £2 million in aggregate (approximately AUD 3.4 million) at an issue price of 4 pence per Ordinary Share or an AUD equivalent.
The General Meeting will be held at 11.00 a.m. Australian Eastern Daylight Time (AEDT) on Thursday 12 January 2017. The meeting will be held at Level 1, 11 Lonsdale Street, Braddon, ACT 2612, Australia.
The Notice of General Meeting and both offer documents are available on the Seeing Machines website, at www.seeingmachines.com/investors.
Key dates for the Australian Offer
Record date |
5.00 a.m. (AEDT) on 13 December 2016 |
Posting date |
16 December 2016 |
General Meeting |
12 January 2017 |
Closing date and time |
11.00 a.m. (AEDT) on 19 January 2017 |
Admission of shares to AIM |
Expected 25 January 2017 |
Key dates for the Overseas Offer
Record date |
6.00 p.m. (GMT) on 12 December 2016 |
Posting date |
16 December 2016 |
General Meeting |
12 January 2017 |
Closing date and time |
11.00 a.m. (GMT) on 19 January 2017 |
Admission of shares to AIM |
Expected 25 January 2017 |
Enquiries:
Seeing Machines Limited |
www.seeingmachines.com / +61 2 6103 4700 |
Ken Kroeger, Managing Director and CEO |
|
Media inquiries |
|
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
Adam Lloyd |
Tel: +44 20 7653 9848 / Mob: +44 7469 154 806
Tel: +44 20 7653 9842 / Mob: +44 7966 609 084 |
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.