Drumz Plc Director/PDMR Shareholding
October 05 2020 - 2:00AM
UK Regulatory
TIDMDRUM
5 October 2020
Drumz plc
('Drumz' or the 'Company')
Director Shareholding
The Company was advised today that Nishith Malde, a non-executive director of
the Company, on 2 October 2020, transferred 4,000,000 Ordinary shares in the
Company ("Ordinary Shares") from his Small Self Administered Pension Scheme to
a Self-Invested Personal Pension Plan, for no consideration.
Following the transfer, Nishith Malde continues to have an interest in
12,689,964 Ordinary Shares representing approximately 5.00% of the Company's
existing issued share capital and 3.68% of the enlarged issued share capital
following the admission of the new Ordinary Shares on 6 October 2020, pursuant
to the fundraising announced on 1 October 2020. The beneficial holding of
Nishith Malde comprises his direct holding of 11,230,464 Ordinary Shares and an
interest of 1,459,500 Ordinary Shares in the Company held by way of his
shareholding in Highlands Village Limited, of which he owns 8.4%. Highlands
Village Limited owns 17,375,000 Ordinary Shares in the Company.
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 www.drumzplc.com
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
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Nishith Malde
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification / Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Drumz plc
b) LEI 213800JHJFKALDJA5X97
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, Ordinary Shares of 0.1p each
type of instrument
Identification code GB00B06CZD75
b) Nature of the Transfer of shares between pensions
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
N/a 4,000,000
d) Aggregated information
- Aggregated volume 4,000,000
- Price N/a
e) Date of the transaction 2 October 2020
f) Place of the London Stock Exchange, AIM
transaction
END
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