ACUITY RM GROUP PLC — Director's Dealing 2020

Oct 1, 2020

National Storage Mechanism | Additional information

Drumz Plc - Director/PDMR Shareholding

PR Newswire

London, October 1

1 October 2020

Drumz plc 

('Drumz' or the 'Company')

Director Dealing

Further to the announcement made by the Company today which outlined Angus Forrest’s intention to participate in the Placing, the Company can confirm that Mr Forrest, CEO, subscribed for 3,636,363 Ordinary Shares at the Issue Price of 0.55 pence per share. In addition, as part of his subscription, Mr Forrest received warrants to subscribe for 1,818,181 Ordinary Shares at an exercise price of 1.2 pence each. The warrants must be exercised within a period of 12 months from the date of issue. 

Capitalised terms and expressions used in this announcement will have the same meaning as in the announcement made earlier today which outlined the Placing.

Following the subscription, Mr Forrest holds 29,893,921 Ordinary Shares representing approximately 8.7% of the Company’s issued share capital as enlarged by the Placing. In addition, Mr Forrest holds 1,818,181 warrants over Ordinary Shares.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

For further information please contact:
Drumz Plc
Angus Forrest	+44 (0) 20 3582 0566
WH Ireland (NOMAD & Broker)	www.whirelandcb.com
Mike Coe / Chris Savidge	020 7220 1666
Peterhouse Capital Limited (Joint broker)
Lucy Williams / Duncan Vasey	020 7469 0936

1Details of the person discharging managerial responsibilities / person closely associateda)Name

Angus Forrest2Reason for the notificationa)Position/status

Chief Executive Officerb)Initial notification /Amendment

Initial Notification3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)Name

Drumz plcb)LEI

213800JHJFKALDJA5X97 4Details 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

Identification code

Ordinary Shares of 0.1p each

GB00B06CZD75 b)Nature of the transaction

Purchase of sharesc)Price(s) and volume(s)

	Price(s)	Volume(s)
Ordinary Shares	0.55	3,636,363
Warrants	1.2	1,818,181

d)Aggregated information

Ordinary Shares:

- Aggregated volume

- Price

Warrants:

- Aggregated volume

- Price

3,636,363

£20,000

1,818,181

£21,818e)Date of the transaction

1 October 2020f)Place of the transaction

London Stock Exchange, AIM