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Investegate |Adams PLC Announcements | Adams PLC: Investment in Seeing Machines Limited


Investment in Seeing Machines Limited ( Seeing Machines )
The Directors announce that, on 6 May 2021, Adams purchased 8 million ordinary shares of no par value in Seeing Machines on the AIM market of the London Stock Exchange at an average price of 11.35 pence per share for a total cash consideration of £908,000.
The Company s holding of 8,000,000 ordinary sharesin Seeing Machines represents 0.21% of the currently issued ordinary share capital of Seeing Machines of 3,805,617,804 shares. Following this investment, the Company will have cash balances of approximately £3.19 million.
About Seeing Machines
Seeing Machines is an industry leader in advanced computer vision technologies and designs AI-powered Operator Monitoring Systems to improve transport safety in automotive, commercial fleet, aviation, rail and off-road markets. The company has pioneered such technology through algorithm development, extensive behavioural research and d ....

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Investegate |Adams PLC Announcements | Adams PLC: Result of Open Offer


A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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