Director's Dealing • Aug 7, 2025
Director's Dealing
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RNS Number : 3166U
Satsuma Technology PLC
07 August 2025
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
7 August 2025
Satsuma Technology Plc
('Satsuma' or the 'Company')
Exercise of Warrants
Satsuma Technology PLC (LSE: SATS), a public company pioneering the convergence of decentralised AI and Bitcoin treasury strategy.
Satsuma notes that the following warrants have been exercised:
Following the abovementioned exercise of warrants 36,000,000 new ordinary shares have been issued and an application will be made for the new ordinary shares to be admitted to trading (" Admission "). Dealings are expected to commence on or around 12 August 2025.
The equity interests of the directors (including Nick Lyth who has subsequently ceased to be a director) are as follows:
| Name | Previous Shareholding | Resultant Shareholding | Remaining Warrants / Options |
| Fidelio Partners Pte Ltd (Matt Lodge) | 0 | 6,500,000 | 4,600,000 |
| Letter 4 Consulting Ltd (Darcy Taylor) | 0 | 5,500,000 | None |
| Dark Peak Services Ltd (Nick Lyth, former director) | 15,000,000 | 24,000,000 | None |
| Marallo Pte Ltd (Matt Lodge) | 0 | 10,000,000 | None |
Following the exercise of Warrants, the Company will have a total of 66,552,333 warrants in issue. Following Admission, the Company's total issued and voting share capital will consist of 527,800,200 Ordinary Shares. The Company does not hold any ordinary shares in treasury.
Therefore, the above figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
ENDS
Enquiries:
| Satsuma Technology PLC Matt Lodge, Chairman Henry Elder. CEO |
Tel: +44 (0)20 3855 8888 |
| Yellow Jersey PR Charles Goodwin / Annabelle Wills |
Tel: +44 (0)7747 788 221 / +44 (0)7775 194 357 |
| First Sentinel Corporate Finance Limited - Financial Adviser Brian Stockbridge Paul Shackleton |
Tel: +44 (0) 20 3855 5551 |
| Fortified Securities - Broker Guy Wheatley |
Tel: +44 (0) 7493 989014 |
Headquartered in London, the Company is a publicly listed technology company focused on decentralised finance focused artificial intelligence and Bitcoin treasury management. The Company is building and investing in AI-based decentralized infrastructure and applications and operates a treasury-first model, aligning itself with the most secure monetary network in history - Bitcoin.
Website: www.satsuma.digital
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Letter 4 Consulting Ltd
2.
Reason for the Notification
a)
Position/status
PCA to Darcy Taylor, Director of Satsuma Technology PLC
b)
Initial notification / Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Satsuma Technology PLC
b)
LEI
984500FV43C9G16DK633
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the Financial instrument, type of instrument
Ordinary Shares
Identification Code
GB00BMFCRZ80
b)
Nature of the transaction
Exercise of warrants
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 2,500,000 3,000,000 |
£0.010 £0.020 |
d)
Aggregated information:
· Aggregated volume
· Price
5,500,000 Ordinary Shares
£85,000
e)
Date of the transaction
20 July 2025
f)
Place of the Transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Fidelio Partners Pte Ltd
2.
Reason for the Notification
a)
Position/status
PCA to Matt Lodge, Director of Satsuma Technology PLC
b)
Initial notification / Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Satsuma Technology PLC
b)
LEI
984500FV43C9G16DK633
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the Financial instrument, type of instrument
Ordinary Shares
Identification Code
GB00BMFCRZ80
b)
Nature of the transaction
Exercise of warrants
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 2,500,000 4,000,000 |
£0.010 £0.020 |
d)
Aggregated information:
· Aggregated volume
· Price
6,500,000 Ordinary Shares
£105,000
e)
Date of the transaction
20 July 2025
f)
Place of the Transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Marallo Pte Ltd
2.
Reason for the Notification
a)
Position/status
PCA to Matt Lodge, Director of Satsuma Technology PLC
b)
Initial notification / Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Satsuma Technology PLC
b)
LEI
984500FV43C9G16DK633
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the Financial instrument, type of instrument
Ordinary Shares
Identification Code
GB00BMFCRZ80
b)
Nature of the transaction
Exercise of warrants
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 10,000,000 | £0.002 |
d)
Aggregated information:
· Aggregated volume
· Price
N/A - Single transaction
e)
Date of the transaction
20 July 2025
f)
Place of the Transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dark Peak Services Ltd
2.
Reason for the Notification
a)
Position/status
PCA to Nick Lyth, a former director of the company
b)
Initial notification / Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Satsuma Technology PLC
b)
LEI
984500FV43C9G16DK633
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the Financial instrument, type of instrument
Ordinary shares
Identification Code
GB00BMFCRZ80
b)
Nature of the transaction
Exercise of warrants
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.002 £0.020 |
5,000,000 4,000,000 |
d)
Aggregated information:
· Aggregated volume
· Price
9,000,000 Ordinary Shares
£90,000
e)
Date of the transaction
20 July 2025
f)
Place of the Transaction
Outside of a trading venue
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