Director dealings: Lombard Odier raises stake in Seeing Machines

Seeing Machines revealed on Wednesday that non-executive director Michael Brown had acquired 700,000 ordinary shares in the AIM-listed technology group.

Brown, who made the transaction via his interest in Lombard Odier Asset Management, purchased the shares at an average price of 680.0p each, for a total value of £4.76m.

Following the transaction, Lombard Odier holds 622.45m ordinary shares in Seeing Machines, representing 14.99%of the company's issued share capital.

As of 1545 GMT, Seeing Machines shares were down 4.84% at 6.49p.

Reporting by Iain Gilbert at Sharecast.com