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Streaks Gaming PLC

Remuneration Information Nov 22, 2024

5121_dirs_2024-11-22_599e23ac-ee80-408a-84df-cc633f930206.html

Remuneration Information

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National Storage Mechanism | Additional information

RNS Number : 2380N

StreaksAI PLC

22 November 2024

22 November 2024

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.

StreaksAI PLC

("StreaksAI" or "the Company")

Issue of Warrants and PDMR

StreaksAI PLC (LSE: STK), a UK-based generative AI platform, announces that it has granted a total of 21,500,000 warrants to subscribe for new ordinary shares of £0.001 each ("Warrants") to certain service providers and directors. The Warrants are exercisable at 0.2 pence per ordinary share and have an exercise period limit of three years, vesting immediately.

Following the issue of the Warrants, the Company has a total of 77,650,000 warrants in issue. 

The directors of the Company have been granted, in aggregate, 15,500,000 Warrants as set out below.

Director Number of Warrants being issued Total number of Warrants held including this issue
Marallo Holdings Pte Ltd

(Mike Edwards)
10,000,000 10,000,000
Dark Peak Services Ltd

(Nick Lyth)
5,000,000 5,000,000
Mark Rutledge 500,000 500,000

For further information please contact:

StreaksAI PLC
Mike Edwards

Interim CEO
via First Sentinel (Corporate Advisor)

+44 20 3855 5551
Corporate Broker
Brian Stockbridge (First Sentinel) +44 20 3855 5551

About Streaks:

StreaksAI PLC is a provider of AI based conversational technologies. The Company offers two core products in the gaming and conversational AI space.

For more information on the Conversational AI product, please visit www.streaks.ai .

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

Marallo Holdings Pte Ltd

2.

Reason for the Notification

a)

Position/status

PCA of Mike Edwards, Chairman and Interim CEO of StreaksAI PLC

b)

Initial notification / Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

StreaksAI 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

Warrants over ordinary shares

Identification Code

GB00BMFCRZ80

b)

Nature of the transaction

Issue of Warrants at GBP 0.00 2 exercise price issued at Nil consideration

c)

Price(s) and volume(s)

Price(s) Volume(s)
GBP 0.00 2 10 ,000,000

d)

Aggregated information:

· Aggregated volume

· Price

10 ,000,000 Ordinary Shares

£20,000

e)

Date of the transaction

2 1 November 2024

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 of Nick Lyth , CFO of StreaksAI PLC

b)

Initial notification / Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

StreaksAI 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

Warrants over ordinary shares

Identification Code

GB00BMFCRZ80

b)

Nature of the transaction

Issue of Warrants at GBP 0.00 2 exercise price issued at Nil consideration

c)

Price(s) and volume(s)

Price(s) Volume(s)
GBP 0.00 2 5 ,000,000

d)

Aggregated information:

· Aggregated volume

· Price

5 ,000,000 Ordinary Shares

£10,000

e)

Date of the transaction

2 1 November 2024

f)

Place of the Transaction

Outside of a trading venue

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Rutledge

2.

Reason for the Notification

a)

Position/status

Non-Executive Director of StreaksAI PLC

b)

Initial notification / Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

StreaksAI 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

Warrants over ordinary shares

Identification Code

GB00BMFCRZ80

b)

Nature of the transaction

Issue of Warrants at GBP 0.00 2 exercise price issued at Nil consideration

c)

Price(s) and volume(s)

Price(s) Volume(s)
GBP 0.00 2 500,000

d)

Aggregated information:

· Aggregated volume

· Price

500,000 Ordinary Shares

£1,000

e)

Date of the transaction

2 1 November 2024

f)

Place of the Transaction

Outside of a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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