Seeing Machines Director Purchases Shares
Why we think this is neutral
This RNS announcement is a Director Dealing, which does not fall under the mandatory news types that require detailed analysis. Director dealings are typically neutral events that do not significantly impact the company's fundamentals or outlook.
Key Points
- Non-executive Director Stephane Vedie purchased 619,500 ordinary shares in Seeing Machines Limited
- The shares were purchased at a price of 2.35 pence per share
- Following the transaction, Mr. Vedie now holds a 0.04% stake in the company
Summary
The non-executive Director of the technology company has purchased a significant number of shares.
Seeing Machines Limited (AIM: SEE), the advanced computer vision technology company, has announced that non-executive Director Stephane Vedie has purchased 619,500 ordinary shares in the company at a price of 2.35 pence per share. This transaction increases Mr. Vedie's beneficial interest in the company to 1,789,500 ordinary shares, representing 0.04% of the issued share capital.
DIRECTOR DEALINGS