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(Sharecast News) - Seeing Machines revealed on Wednesday that chief financial officer Martin Ive had acquired 900,000 ordinary shares in the AIM-listed technology group.
Ive, who was named as CFO in November, purchased the shares on Tuesday at an average price of 6.40p each, for a total value of £57,600.
Back in December, Seeing Machines told investors that it had been appointed by an existing tier-one customer to deliver its FOVIO driver and occupant monitoring system - a programme that carries an initial lifetime value of $32.0m.
As of 1620 GMT, Seeing Machines shares were up 1.88% at 6.52p.
Reporting by Iain Gilbert at Sharecast.com
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Berkeley Group Holdings (the) (BKG)
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Amount purchased: 900,000 @ 6.40p
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